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Property profile & analytics

1920 Campostella Rd Chesapeake, VA 23324

  • Warehouses
  • 228,040 SF
  • 8.71 lot acres
Value Estimation
Last Sale
Feb 26, 2024
$73,500,000
Location Intelligence
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.

Current Use by Public Records

  • DOR1 Amazon FLEX Warehouse / Warehouse

Property Details for 1920 Campostella Rd

Year built
1980
Lot size
8.71 lot acres
Property size
228,040 SF
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 Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

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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