5300 Bainbridge BlvdChesapeake, VA 23320

  • Industrial properties
  • 6,201 SF
For Lease
$42,000/SF/YR View listing

Property Details for 5300 Bainbridge Blvd

Year built
1976
Lot size
26.60 AC
Property size (Sq ft)
6,201 SF
Zone code
M3: WATERFRONT INDUSTRIAL
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
350000000700
APU
350000000700

Description

This exceptional two-acre industrial land parcel, located at 5300 Bainbridge Blvd, Chesapeake, VA 23320, presents a unique opportunity for businesses seeking a strategic laydown yard or logistics hub. The property, identified by APN 0350000001160, is zoned for heavy industrial use by the City of Chesapeake, ensuring suitability for a wide range of industrial operations. The site boasts a convenient location, offering easy access to major transportation arteries including I-64, I-464, and Route 168, facilitating efficient transportation of goods and materials. The land is comprised of three separate one-acre gravel-stoned yards, providing ample space for storage and maneuvering. This move-in ready property is ideal for companies requiring additional laydown area to support their operations. Its single-tenant configuration offers flexibility and control. The property's strategic location and versatile layout make it an attractive investment for businesses seeking to expand their operations or establish a new presence in the thriving Chesapeake industrial market. This is a rare opportunity to acquire a well-situated, ready-to-use industrial land parcel in a high-demand area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,316,875
    Hospitality
    $1,206,251
    Educational
    $1,003,586
    Medical
    $1,038,101
    Retail
    $1,561,134
5300 Bainbridge Blvd, Chesapeake, Virginia
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Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7491
Longitude
-76.2933
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$49,068
$3,062,500
$2,235,700
$5,298,200
-
$3,062,500
$2,235,700
$5,298,200

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