1664 Debaun Ave Chesapeake, VA 23320

Property Details for 1664 Debaun Ave

Lot size

1.51 lot acres

Zone code

B2: GENERAL BUSINESS

Property type

Commercial land

APN

273015000030

APU

273015000030

Description

This exceptional commercial land offering presents a unique investment opportunity in Chesapeake, Virginia. Located at 1664 Debaun Ave, this property boasts a flexible zoning designation of B2, allowing for a variety of commercial uses. The site encompasses a generous area ranging from approximately 1.56 acres to 8.14 acres, providing ample space for development. Strategically positioned with excellent visibility and accessibility from Battlefield Boulevard and Interstate 64, this location benefits from high traffic volume, with 70,000 vehicles per day on Battlefield Boulevard and 90,000 vehicles per day on I-64. The property's prime location is further enhanced by its proximity to a major retail hub, including a 260,000 square foot Kroger Marketplace anchored shopping center situated directly across Battlefield Boulevard. Adding to its appeal, this land parcel is adjacent to a 3.56-acre site currently under development as a Mainstay Suites Hotel, promising synergistic growth and increased foot traffic. The area offers a strong revenue per available room (RevPAR) in the Greenbrier submarket, indicating a robust and thriving commercial environment. This property is ideal for developers seeking a high-traffic, well-located site with significant development potential in a rapidly growing area with ample access to employers, retail, dining, and entertainment options. The flexible lot sizes allow for various development scenarios, making this a truly versatile and attractive investment.