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Property profile & analytics
OFF-MARKET
Office Spaces

1210-1228 Progressive Dr Chesapeake, VA 23320

49,942 SF
Property ID
Property summary
AI-generated overview

This prime Chesapeake, VA office park, known as Volvo Office Park, offers exceptional executive office space in a highly desirable location. The property comprises five buildings totaling 49,942 square feet, situated at 1210-1228 Progressive Drive, zip code 23320. The buildings feature a mix of single-story and two-story configurations, with one building approximately 12,000 square feet and four buildings approximately 10,000 square feet each. Currently, there are 3,547 square feet of vacant space available, divisible into units ranging from 1,126 to 2,421 contiguous square feet. The property is classified as Class B and boasts abundant parking for tenants and visitors. The location is well-established within the Greenbrier section of Chesapeake, offering easy access to major roadways and amenities. This multi-tenant property presents a unique opportunity for businesses seeking flexible and well-appointed office space in a thriving suburban setting. The property is located in City of Chesapeake County, Virginia. Two suites are currently available.

Property profile
Verified
Property type Office Spaces
Total area 49,942 SF
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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