3800 Cook Blvd Chesapeake, VA 23323
- Industrial properties
- 64,721 SF
- 12.15 lot acres
Current Use by Public Records
- Seacoast Genuine Cable Group / Distribution Service / Cable Company
- Connect Air Genuine Cable Group / Distribution Service
Property Details for 3800 Cook Blvd
- Year built
- 1972
- Lot size
- 12.15 lot acres
- Property size
- 64,721 SF
- Zone code
- M1: LIGHT INDUSTRIAL
- Property type
- Industrial properties
- APN
- 240000000590
- APU
- 240000000590
Description
This exceptional 1-acre industrial warehouse property, located at 3800 Cook Blvd in Chesapeake, Virginia, presents a unique leasing opportunity. The property boasts a single-tenant occupancy, ideal for businesses seeking a dedicated space. The building itself encompasses 1 square foot of total building space, offering a compact yet functional layout. The expansive 1.75-acre lot provides ample room for expansion, storage, or additional development, subject to zoning regulations. Situated within the M-1 (Light Industrial) zoning district, this location is perfectly suited for a variety of light industrial uses. The property's address is 3800 Cook Blvd, Chesapeake, VA 23323, offering convenient access to major transportation routes and logistical hubs within the region. This property is currently available for lease and represents a compelling investment opportunity for businesses seeking a strategically located, functional, and expandable industrial space in the thriving Chesapeake market. The property's geographic coordinates are 36.7847484 latitude and -76.371696 longitude. Interested parties are encouraged to inquire further to explore the possibilities this unique property offers. The property is classified as Industrial and is a single-tenant warehouse.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,695,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,485,000
- 6.5%
- $9,800,000
- 7%
- $9,345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,365,000
- Geo Method
- $11,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,180,000
- Retail
- $9,095,000
- Mixed-Use
- $10,635,000
- Hospitality
- $9,390,000
- Educational
- $9,375,000
- Residential Income
- $9,735,000
- Energy
- $10,280,000
- Income-Based Land
- $10,070,000
- Food Service
- $9,145,000
Location Insight
- Map
- Local Demand
- City
- Chesapeake
- County
- Chesapeake City
- State
- Virginia
- Longitude
- -76.3721
- Latitude
- 36.7851
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA