1809 Greenbrier Pkwy Chesapeake, VA 23320-2605
This exceptional 4,293 square foot, two-story office building presents a unique investment opportunity in Chesapeake, VA's thriving Greenbrier submarket. Situated on a 0.72-acre lot at the corner of Greenbrier Parkway and Citizens Lane, this former bank branch boasts a prime location with high visibility and accessibility. The property features a convenient four-lane drive-thru, 27 surface parking spaces, and a monument sign. Built in 1987, the Class B building offers excellent potential for renovation or build-to-suit opportunities. The site benefits from a daily traffic count of 29,000 vehicles and is strategically located less than half a mile from I-64, providing easy access to major transportation arteries. The property is zoned Planned Unit Development (PUD), allowing for a variety of commercial uses, including offices, retail, and services, as permitted by the Chesapeake Zoning Ordinance. Nearby amenities include national retailers, major employment centers, and educational institutions such as Indian River High School. The property's adjacency to Taco Bell and proximity to Toyota and Infiniti dealerships further enhances its desirability. This is an exceptional opportunity to acquire a well-positioned commercial property in a high-growth area. The property taxes are $2.90 per square foot.
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BB&T Mortgage Loan Service Bank
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BB&T Insurance Services Insurance Agency
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Lauren Marie Pulvermacher - Truist Mortgage Loan Officer Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD: PLANNED UNIT DEVELOP · Chesapeake, VAChesapeake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.