Property summary
Diamond Hill Distribution Center, located at 1910 Campostella Rd, Chesapeake, VA 23324, offers a prime opportunity for businesses seeking Class A industrial space. This 230,136 square foot facility, built in 1997 and renovated in 2020, features multiple suites with a minimum divisible space of 154,435 square feet and a maximum contiguous space of 90,475 square feet currently available. The building boasts a 31-foot ceiling height, making it ideal for various industrial uses including… distribution, manufacturing, warehousing, and research & development. Loading capabilities include 25 loading docks, with 24 dock-high doors (10 with in-ground pit levelers and 14 with edge-of-dock levelers) and one drive-in door. The property also offers approximately 1,634 square feet of office space. Power is supplied by a 3-phase, 480-volt, 800-amp system. The building is equipped with a wet sprinkler system with high pile ELO sprinkler heads, and has a modified cross-dock design. The property is zoned M-2 (Heavy Industrial) and benefits from its strategic location in Central Hampton Roads, offering easy access to major interstates including I-64, I-264, I-464, I-664, US-13, US-58, and US-460. Additional advantages include a large shared paved trailer storage yard, potential rail access via a private Norfolk Southern spur, and eligibility for Foreign Trade Zone and ICE Coffee Future programs. The property is institutionally owned and enjoys amongst the lowest drayage rates in the region. Column spacing varies, approximately 47 feet wide by 55 feet deep.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 151,250 SF
- Lot area
- 16.4 ac
- Year built
- 1997
- Stories
- 1
- APN
- 1530000000004
- Zoning
- M2: GENERAL INDUSTRIAL
- Assessed value · 2023
- $16,768,900
- Annual tax · 2019
- $109,834
- Restaurant
- Warehouse, Storage · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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