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    1920 Campostella Rd Chesapeake, VA 23324-2929
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    Property profile & analytics

    1920 Campostella Rd, Chesapeake, VA 23324-2929

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    • Warehouses
    • 228,040 SF
    • 8.71 lot acres
    Off-Market
    Last Sale Feb 26, 2024
    $73,500,000
    Property ID
    US87-1066651
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DOR1 Amazon FLEX Warehouse / Warehouse & Storage

    Property Details for 1920 Campostella Rd

    Year built
    1980
    Lot size
    8.71 lot acres
    Zone code
    M2: GENERAL INDUSTRIAL
    Property type
    Warehouses
    APN
    1530000000003
    APU
    1530000000003

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
      ML approach
      Off market
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $101,350,000
      RESTAURANT
      $84,010,000
      AUTO REPAIR, GARAGE
      $58,790,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.2658
    Latitude
    36.7883
    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
    $108,647
    $797,100
    $13,998,400
    $14,795,500
    -
    $797,100
    $13,998,400
    $14,795,500
    More about this property
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