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Property profile & analytics
OFF-MARKET Estimated value $660,000
Strip malls

237 Battlefield Blvd S Ste 17b Chesapeake, VA 23322-5231

27,696 SF 15.8 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
Property ID
US87-0674714
Property summary
AI-generated overview

This Class A retail shopping center, located at 237 S. Battlefield Blvd in Chesapeake, Virginia (zip code 23322), offers exceptional opportunities for businesses seeking high-visibility locations. The property boasts a total of 100,000 square feet and is currently home to multiple tenants. Two immediately available spaces are perfect for a variety of retail uses, ranging from 935 to 1,062 contiguous square feet. The minimum divisible space is 935 square feet, providing flexibility for businesses of different sizes. A total of 1,997 square feet is currently vacant, presenting a unique chance to establish a presence in this thriving Chesapeake City location. The property's prime location ensures high foot traffic and excellent visibility, making it an ideal investment for businesses seeking strong returns. This is a rare opportunity to secure space in a well-maintained, Class A shopping center in a high-demand area. The address is easily accessible and benefits from strong regional demographics. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 27,696 SF
Lot 15.8 ac (688,335 SF)
Zoning code B1: NEIGHBORHOOD BUSINESS
APN 480000000020
UPID US87-0674714
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
  • Totally Horses (Bike/Boat/Book/etc) Store
  • Grand Slam 2 Arcade & Gaming Center Sports Field & Court
  • Canine Designs Pet Grooming Pet Grooming Service
  • Mr Fix- Phone & Computer- Buy/repair/sell Computer & Electronic Repair Tech Support Center
  • Tropical Smoothie Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$673k
Blend (final) Blend
$660k
Owner & transaction history
GREAT BRIDGE RETAIL LLC
GREAT BRIDGE RETAIL LLC
Zoning & alternative use
B1: NEIGHBORHOOD BUSINESS · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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