1501 Edinburgh Pkwy Chesapeake, VA 23322
This exceptional 23.85-acre commercial land parcel presents a unique investment opportunity in Chesapeake, Virginia. Located at 1501 Edinburgh Parkway, this property boasts a Planned Unit Development (PUD) zoning designation, offering significant flexibility for a variety of commercial developments. The expansive lot, encompassing 1,038,819 square feet, provides ample space for large-scale projects. Its strategic location provides +/- 923 feet of frontage on the Chesapeake Expressway/168 Bypass, ensuring high visibility and accessibility. Utilities are readily available, including power from Dominion Energy, water and sewer services from the City of Chesapeake, natural gas from Virginia Natural Gas, and telecom services from Cox and Verizon. The property's address is 1501 Edinburgh Pkwy, Chesapeake, VA 23322. This prime location, combined with its substantial size and convenient access to major roadways, makes this property ideal for a wide range of commercial ventures. Serious inquiries are encouraged to explore the development potential of this exceptional land offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.