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Property profile & analytics
OFF-MARKET
Land

0 Gallop Ave Chesapeake, VA 23324

1.98 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.98 ac (86,249 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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