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Property profile & analytics

1960 Diamond Hill Rd Chesapeake, VA 23324

  • Warehouses
  • 266,400 SF
  • 12.10 lot acres
Value Estimation
Last Sale
Feb 26, 2024
$73,500,000
Location Intelligence
Property ID
US87-3981891
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

  • Cowan Container Co / Trucking Company
  • NTW - National Tire Wholesale / Tire Shop / Auto Tune Up Service

Property Details for 1960 Diamond Hill Rd

Year built
1974
Lot size
12.10 lot acres
Property size
266,400 SF
Zone code
MULTI: MULTIPLE ZONING
Property type
Warehouses
APN
1540000000060
APU
1540000000060

Description

This Class A industrial property, located at 1960 Diamond Hill Rd, offers 200,210 square feet of versatile space ideal for manufacturing, warehousing, distribution, or R&D. The building boasts a 27-foot ceiling height, 15 loading docks (including 12 dock-high doors and 3 drive-ins), and ample space for trailer storage. The property features approximately 5,577 square feet of office space and benefits from rail potential via a private Norfolk Southern spur. An ESFR sprinkler system (currently dry) is available. Column spacing is approximately 41'6" x 36'3". The building is equipped with 3-phase electrical power. Zoned M-2 (Heavy Industrial), this location provides easy access to major interstates (I-64, I-264, I-464, I-664, US-13, US-58, US-460), offering amongst the lowest drayage rates in the region. Additional advantages include Foreign Trade Zone and ICE Coffee Future eligibility. This institutionally owned property presents a prime opportunity within the central Hampton Roads "Inside the Beltway" location. The total building size is 267,010 square feet, with a minimum divisible space of 200,210 square feet. The maximum contiguous space available is also 200,210 square feet.

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
-76.2656
Latitude
36.7919
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
$128,856
$1,210,400
$15,297,000
$16,507,400
-
$1,210,400
$15,297,000
$16,507,400
More about this property
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