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Property profile & analytics
OFF-MARKET
Land

0 Armstrong Rd Chesapeake, VA 23322

Property ID
Property summary
AI-generated overview

Edinburgh Farms presents a unique investment opportunity in Southern Chesapeake, Virginia. This exceptional commercial land offering is part of a thriving 60+ acre mixed-use development, strategically located directly off Route 168 Chesapeake Expressway. The property is zoned PUD (Planned Unit Development), allowing for a variety of commercial uses, including medical facilities. Priced at $450,000 per acre, this land provides access to a rapidly growing community. The Edinburgh Farms development is the largest mixed-use project in Southern Chesapeake, featuring over 1,000 new homes and condos, with further expansion planned. This ensures a robust and expanding customer base for any commercial venture. The site benefits from a well-planned infrastructure, including a comprehensive master-planned stormwater management system, contributing to a sustainable and attractive environment. Furthermore, the development prioritizes pedestrian accessibility, boasting nearly a mile of walking trails, creating a vibrant and walkable community. This prime location offers excellent visibility and accessibility, making it an ideal site for businesses seeking to establish a presence in a thriving and expanding market. The surrounding area includes a diverse mix of retailers, residential properties, and medical and educational facilities, creating a synergistic and dynamic environment. Don't miss this chance to secure a piece of this exceptional development.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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