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    Portsmouth Blvd Chesapeake, VA 23323

    • Land
    • 19.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Portsmouth Blvd

    Lot size
    19.46 lot acres
    Property type
    Land

    Description

    This exceptional 19.456-acre commercial land parcel presents a unique investment opportunity in Chesapeake, Virginia. Located on Portsmouth Boulevard, this property boasts a highly desirable B-1 (Neighborhood Business District) zoning, allowing for a wide range of commercial development possibilities. The site benefits from a substantial daily traffic count of 12,911 vehicles, ensuring high visibility and accessibility for any future business. Utilities are readily available, with water and sewer already in place. The property's tax parcel number is 20*1. While approximately 1.61 acres are designated as wetlands, the remaining acreage provides ample space for development. This prime location in the thriving city of Chesapeake, within Northampton County, and convenient to zip code 23323, offers unparalleled potential for investors seeking a strategic land acquisition in a high-growth area. The asking price for this significant commercial land holding is $1,900,000. Don't miss this chance to secure a substantial piece of Chesapeake's commercial landscape.

    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
    Northampton
    State
    Virginia
    Longitude
    -76.3457
    Latitude
    36.7413

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      1.28 Acres

      828 Tluchak Ln

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      0.29 Acres

      Currie Ave

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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land For Lease

      Anchored by Food Lion and Dollar General with outparcels.
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    Portsmouth Blvd
    Chesapeake, VA 23323
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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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