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    Cavalier Blvd Painter, VA 23422

    • Land
    • 93.45 lot acres
    For Sale
    View listing
    $8,500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Cavalier Blvd

    Lot size
    93.45 lot acres
    Property type
    Land

    Description

    This exceptional 93.45-acre commercial land parcel, located in Chesapeake, Virginia (Accomack County, zip code 23422), presents a significant development opportunity. Zoned M-1 for light industrial use, this property boasts 27.46 acres of uplands and offers excellent access to infrastructure. City water and sewer are readily available along Cavalier Boulevard. The site enjoys significant road frontage, including 2,550 linear feet along South Military Highway, which sees a daily traffic volume of 17,855 vehicles, and an additional 685 linear feet along Cavalier Boulevard. A conceptual plan for a 217,500-square-foot distribution warehouse is available for review. The asking price for this prime industrial land is $8,500,000. Please note that the seller requires an option to buy back the wetlands area (as outlined in the attached conceptual plan) and a 50-foot utility easement. Detailed acreage information and the conceptual plan are available upon request. This property is ideally suited for a variety of light industrial uses and represents a compelling investment opportunity in a strategic location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Painter
    County
    Accomack
    State
    Virginia
    Longitude
    -75.8146
    Latitude
    37.6304
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    Cavalier Blvd
    Painter, VA 23422
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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