0 Gallop Ave Chesapeake, VA 23324
This exceptional 1.98-acre industrial land parcel presents a prime opportunity for development in Chesapeake, Virginia. Located on Gallop Ave, in Northampton County, zip code 23324, this property is zoned M-1 for Light Industrial use, offering significant flexibility for various business ventures. The site's generous size allows for ample space for construction and potential expansion. While the land itself is undeveloped, previous improvements on the site included a structure with one 12' x 12' overhead door and a 14' ceiling height (note: existing structures are not currently present). This information is provided for context only and should be independently verified. The property's location in Chesapeake offers easy access to major transportation routes, providing excellent logistical advantages for businesses requiring efficient distribution networks. The site's flat topography simplifies development, reducing potential site preparation costs. This is an exceptional opportunity to acquire a strategically located industrial land parcel in a thriving area of Virginia. Serious inquiries are encouraged to explore the potential of this valuable asset. All information provided is deemed reliable but not guaranteed and should be independently verified.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.