Property summary
This exceptional 10.6-acre commercial land parcel presents a unique investment opportunity in the thriving southern Chesapeake, Virginia market. Strategically located adjacent to a Home Depot, this property boasts unparalleled visibility and accessibility, fronting along South Battlefield Boulevard. The site is zoned PUD, offering flexibility for a wide range of commercial development projects. With its prime location and high traffic count, this land is ideally suited for businesses seeking maximum exposure and convenient access for customers. The asking price is $2,500,000. The property's address is 157 Hillcrest Pkwy, Chesapeake, VA 23322. Its geographical coordinates are latitude 36.65655618884377 and longitude -76.22547172072315. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area. The property's proximity to major retail anchors and established businesses makes it an attractive proposition for developers and investors alike. Serious inquiries are encouraged. The seller is offering the property "as is". All interested parties are responsible for conducting their own due diligence.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Building Supply
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Rental Equipment Company
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Big Box & Wholesale Store
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Building Supply Hardware & Home Improvement
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General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
PUD: PLANNED UNIT DEVELOP · Chesapeake, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PUD: PLANNED UNIT DEVELOP in Chesapeake, VA.
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