You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $73,500,000
Warehouses

1920 Campostella Rd Chesapeake, VA 23324-2929

228,040 SF 8.71 ac lot Built 1980
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US87-1066651
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 1920 Campostella Rd, offers 224,620 square feet of versatile space, divisible to a minimum of 75,980 square feet. The building boasts a 27-foot ceiling height, 19 dock-high doors, and 7 drive-in doors, making it ideal for warehouse, manufacturing, distribution, or R&D operations. The property features an ESFR sprinkler system, approximately 4,000 square feet of office space, and rail potential via a private Norfolk Southern spur. Previously occupied by Amazon, this facility offers drive-thru capability and a large shared paved trailer storage yard. Its strategic location in Central Hampton Roads provides immediate access to major interstates (I-64, I-264, I-464, I-664, US-13, US-58, US-460), benefiting from amongst the lowest drayage rates in the region. The M-2 (Heavy Industrial) zoning allows for a wide range of uses. Additional features include 3-phase electrical power, column spacing varying around 48' x 55', and potential eligibility for Foreign Trade Zone and ICE Coffee Future programs. The property is institutionally owned and presents a rare opportunity for significant industrial space in a prime location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 228,040 SF
Lot 8.71 ac (379,233 SF)
Zoning code M2: GENERAL INDUSTRIAL
APN 1530000000003
UPID US87-1066651
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • DOR1 Amazon FLEX Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$73.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$73.50M
Owner & transaction history
Dh Va Owner LLC · 2 yrs held
Dh Va Owner LLC
since 2024
Last sale
$73.5M
1 recorded transaction
2024
$73.5M
Zoning & alternative use
M2: GENERAL INDUSTRIAL · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $101.4M +231.2%
Restaurant $84.0M +174.5%
Auto repair, garage $58.8M +92.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1920 Campostella Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message