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Property profile & analytics
OFF-MARKET Estimated value $750,000
Strip malls

3325 Taylor Rd Chesapeake, VA 23321-3300

39,371 SF 5.91 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US87-1347309
Property summary
AI-generated overview

Taylor Road Plaza presents a compelling investment opportunity in the thriving Chesapeake Square submarket of Chesapeake City. This neighborhood retail center boasts a total of 60,110 square feet, with two spaces currently available, totaling 1 square foot. Strategically located on Taylor Road, the property benefits from exceptional visibility and easy accessibility, further enhanced by its proximity to Interstate 664. This prime location serves the residential communities surrounding Churchland and the Chesapeake Square Mall, ensuring a consistent flow of potential customers. The center enjoys a strong tenant mix, including established businesses such as Spaghetti Eddie's, One Main Financial, and Century 21, providing a stable and attractive environment for new tenants. The property features 200 Amp 3-phase electrical service, catering to a variety of business needs. This is an exceptional opportunity to acquire a well-positioned retail space within a successful and established center, offering significant potential for growth and return on investment. The minimal vacant space presents a unique opportunity for immediate occupancy and revenue generation. The property's location and existing tenant base make it an ideal investment for both established businesses and new ventures seeking a strong foothold in the Chesapeake market. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Total area 39,371 SF
Lot 5.91 ac (257,222 SF)
Zoning code B1: NEIGHBORHOOD BUSINESS
APN 90000001260
UPID US87-1347309
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
  • Winter Spirit Camp Gym & Fitness Center
  • CENTURY 21 Nachman Realty: William Curling Real Estate Agency
  • Family Thrift Store Discount Store
  • KDX Dance Training Center
  • Active Shooter Workshop Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
$710k
Blend (final) Blend
$750k
Owner & transaction history
OVERTON FAMILY PARTNERSHIP L P
OVERTON FAMILY PARTNERSHIP L P
Zoning & alternative use
B1: NEIGHBORHOOD BUSINESS · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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