1458 Mount Pleasant Rd Chesapeake, VA 23322
Property profile & analytics
1458 Mount Pleasant Rd Chesapeake, VA 23322
- Drug stores
- 14,563 SF
- 1.71 lot acres
Property ID
US87-1821495
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Rite Aid / Pharmacy
- Coinhub Bitcoin ATM Teller / Atm
- Rite Aid Pharmacy / Pharmacy
- Western Union / Bank / Credit Union
- Amazon Locker - Charu / Postal Service / Courier Service
Property Details for 1458 Mount Pleasant Rd
- Year built
- 2015
- Lot size
- 1.71 lot acres
- Property size
- 14,563 SF
- Zone code
- B2: GENERAL BUSINESS
- Property type
- Drug stores
- APN
- 490000001670
- APU
- 490000001670
Description
This exceptional 14,618 square foot property, located at 1458 Mount Pleasant Road in Chesapeake, Virginia (zip code 23322), presents a unique opportunity for businesses seeking high-visibility retail, office, or restaurant space. Completely renovated in 2024, this single-story building offers flexible layouts with a minimum divisible space of 1,500 square feet and the potential to lease the entire 14,618 square feet contiguously. The property boasts a highly desirable storefront location at the fully signalized intersection of Mount Pleasant Road and Centerville Turnpike, benefiting from excellent visibility and high traffic counts exceeding 16,000 vehicles per day on Mount Pleasant Road and 14,000 vehicles per day on Centerville Turnpike. Two endcap spaces are available, one with a drive-thru suitable for a bank or similar business, and another ideal for a drive-thru restaurant. The property's strategic location is further enhanced by its proximity to Mt. Pleasant Marketplace, home to major retailers such as Kroger, Wendy's, and Taco Bell, and a Food Lion center directly across the street. Monument signage ensures maximum brand exposure. This property offers strong potential for success, given the high average household income and number of households within a five-mile radius. The entire space is currently vacant, providing an immediate opportunity for occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,295,000
- 6.5%
- $2,120,000
- 7%
- $1,965,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,730,000 Current use
- AUTO REPAIR, GARAGE
- $3,755,000 Change: +38% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,370,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chesapeake
- County
- Chesapeake City
- State
- Virginia
- Longitude
- -76.1861
- Latitude
- 36.7152
- 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
$40,719
$1,364,800
$3,976,000
$5,340,800
-
$1,364,800
$3,976,000
$5,340,800
