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    423 Battlefield Blvd Chesapeake, VA 23320

    • Commercial real estate
    • 2.16 lot acres
    For Sale
    View listing
    $825,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 423 Battlefield Blvd

    Lot size
    2.16 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2.16-acre commercial parcel presents a rare opportunity in a high-traffic area of Chesapeake, Virginia. Strategically located near the intersection of Battlefield Boulevard and major thoroughfares including the 168 Bypass, this property offers unparalleled visibility and accessibility. Its B-2 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking a prominent location with high potential for customer traffic. The expansive lot size provides ample space for development, accommodating a variety of building plans and configurations. The property's proximity to Greenbrier, Kempsville Road, and the Great Bridge area further enhances its desirability, placing it within easy reach of a substantial residential and commercial base. This location offers convenient access to a major hospital, adding to its overall appeal and potential for various commercial ventures. Given its size, zoning, and strategic location, this property represents a significant investment opportunity for discerning buyers seeking a high-impact commercial presence in a thriving Chesapeake community. The property is offered at $825,000. Serious inquiries are encouraged. The square footage is not currently available.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    CHESAPEAKE
    State
    Virginia
    Longitude
    -76.2404
    Latitude
    36.7306

    Comparable in this City

    • Value Estimation by Request
      0.65 Acres

      843 Battlefield Blvd

      Land • 0.65 Acres
      843 Battlefield Blvd, Chesapeake, VA 23320
      View Details
    • Value Estimation by Request
      1,200 SF

      813 Professional Pl W Ste A101

      COMMERCIAL CONDOMINUIM • 1,200 SF
      813 Professional Pl W Ste A101, Chesapeake, VA 23320-3629
      View Details
    • Value Estimation by Request
      1,008 SF

      936 Professional Pl Bldg, Unit 1

      COMMERCIAL CONDOMINUIM • 1,008 SF
      936 Professional Pl Bldg, Chesapeake, VA 23320-3627
      View Details
    • Value Estimation by Request
      1,100 SF

      1226 Executive Blvd Ste, Unit 113

      COMMERCIAL CONDOMINUIM • 1,100 SF
      1226 Executive Blvd Ste, Chesapeake, VA 23320-2889
      View Details
    • Value Estimation by Request
      1,100 SF

      1226 Executive Blvd Ste, Unit 117

      COMMERCIAL CONDOMINUIM • 1,100 SF
      1226 Executive Blvd Ste, Chesapeake, VA 23320-3693
      View Details
    • Value Estimation by Request
      1,000 SF

      811 Juniper Cres Ste, Unit 4

      COMMERCIAL CONDOMINUIM • 1,000 SF
      811 Juniper Cres Ste, Chesapeake, VA 23320-2633
      View Details

    Similar Nearby for Sale

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    • $950,000
      0.65 Acres

      Chesapeake Commercial Land - $950K

      Prime 0.653-acre lot, build-to-suit.
      843 Battlefield Blvd, Chesapeake, VA 23320
      View Details
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      Chesapeake Commercial Land Investment

      164 Acres, Owner Financing Available
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    Similar Nearby for Lease

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      Chesapeake Industrial Warehouse Space

      Multiple warehouse units available for lease.
      2517 Military Hwy, Chesapeake, VA 23320
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      Adaptable Office/Flex Space Available

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    • Contact for pricing
      6,435 SF

      Restaurant/Retail Space with Drive-Thru

      Restaurant or retail space with drive-thru and high visibility.
      240 Battlefield Blvd S, Chesapeake, VA 23320
      View Details
    • $16 SF/Yr
      14,100 SF

      Office Space Near Major HQs

      Single-story office building with highway access and signage available.
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    • $23 SF/Yr
      1,200 SF

      Office Space Near Greenbrier Mall

      Office space for rent with convenient highway access.
      1112 Eden Way N, Chesapeake, VA 23320
      View Details
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    423 Battlefield Blvd
    Chesapeake, VA 23320
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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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