Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5300 Bainbridge Blvd Chesapeake, VA 23320-6712
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5300 Bainbridge Blvd Chesapeake, VA 23320-6712

    View on Map
    • Manufacturing properties
    • 6,201 SF
    • 26.60 lot acres
    Off-Market
    Property ID
    US87-0886189
    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

    • Allan Myers - Chesapeake Office / Big Box & Wholesale Store / Construction Company

    Property Details for 5300 Bainbridge Blvd

    Year built
    1976
    Lot size
    26.60 lot acres
    Property size
    6,201 SF
    Zone code
    M3: WATERFRONT INDUSTRIAL
    Property type
    Manufacturing properties
    APN
    350000000700
    APU
    350000000700

    Description

    This exceptional two-acre industrial land parcel, located at 5300 Bainbridge Blvd, Chesapeake, VA 23320, presents a unique opportunity for businesses seeking a strategic laydown yard or logistics hub. The property, identified by APN 0350000001160, is zoned for heavy industrial use by the City of Chesapeake, ensuring suitability for a wide range of industrial operations. The site boasts a convenient location, offering easy access to major transportation arteries including I-64, I-464, and Route 168, facilitating efficient transportation of goods and materials. The land is comprised of three separate one-acre gravel-stoned yards, providing ample space for storage and maneuvering. This move-in ready property is ideal for companies requiring additional laydown area to support their operations. Its single-tenant configuration offers flexibility and control. The property's strategic location and versatile layout make it an attractive investment for businesses seeking to expand their operations or establish a new presence in the thriving Chesapeake industrial market. This is a rare opportunity to acquire a well-situated, ready-to-use industrial land parcel in a high-demand area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.2933
    Latitude
    36.7491
    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
    $49,068
    $3,062,500
    $2,235,700
    $5,298,200
    -
    $3,062,500
    $2,235,700
    $5,298,200

    Comparable in this City

    • Value Estimation
      $9,115,000
      210,964 SF

      5100 Bainbridge Blvd

      MANUFACTURING (LIGHT) • 210,964 SF
      5100 Bainbridge Blvd, Chesapeake, VA 23320-6502
      View Details
    • Value Estimation
      $990,000
      19,962 SF

      800 Yupo Ct

      MANUFACTURING (LIGHT) • 19,962 SF
      800 Yupo Ct, Chesapeake, VA 23320-3626
      View Details
    • Value Estimation
      $6,570,000
      124,786 SF

      1316 Yacht Dr

      MANUFACTURING (LIGHT) • 124,786 SF
      1316 Yacht Dr, Chesapeake, VA 23320-6362
      View Details
    • Value Estimation
      $10,465,000
      189,163 SF

      401 Volvo Pkwy

      MANUFACTURING (LIGHT) • 189,163 SF
      401 Volvo Pkwy, Chesapeake, VA 23320-4611
      View Details
    • Value Estimation
      $1,200,000
      21,010 SF

      829 Juniper Cres

      MANUFACTURING (LIGHT) • 21,010 SF
      829 Juniper Cres, Chesapeake, VA 23320-2627
      View Details
    • Value Estimation
      $1,120,000
      18,000 SF

      5444 Bainbridge Blvd

      MANUFACTURING (LIGHT) • 18,000 SF
      5444 Bainbridge Blvd, Chesapeake, VA 23320-6714
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Industrial Warehouse in Greenbrier Park

      10,000 SF industrial warehouse in Greenbrier Commerce Park.
      908 Executive Ct, Chesapeake, VA 23320
      View Details
    • $4,000,000
      28,400 SF

      Chesapeake Commercial/Industrial Opportunity For Sale

      Versatile commercial property with warehouse, office, and showroom spaces.
      4653 Battlefield Blvd, Chesapeake, VA 23320
      View Details
    • Contact for pricing
      2,000 SF

      Chesapeake Office and Industrial Space

      2,000 SqFt office space available for sale in Chesapeake.
      820 Greenbrier Cir, Chesapeake, VA 23320
      View Details
    • Contact for pricing
      60,010 SF

      Renovated Warehouse with Ample Parking

      Renovated warehouse with highway access and on-site parking.
      2210 Paramont Ave, Chesapeake, VA 23320
      View Details
    • Contact for pricing

      Chesapeake Land Development Opportunity

      Approximately 6 acres of land available for development in Chesapeake.
      Debaun Loop, Chesapeake, VA 23320
      View Details
    • Contact for pricing

      Commercial Land Near Battlefield Boulevard

      Commercial land with B-3 zoning near I-64.
      1512 Sams Cir, Chesapeake, VA 23320
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Single Tenant Opportunity

      Single tenant industrial property available for lease on 7 acres.
      5428 Bainbridge Pt, Chesapeake, VA 23320
      View Details
    • Contact for pricing
      1,850 SF

      Chesapeake Office/Warehouse Project

      Office/warehouse project in Greenbrier submarket with multiple suites available.
      1244 Executive Blvd, Chesapeake, VA 23320
      View Details
    • $3,725 /Mo

      Greenbrier Flex Space Available

      Multi-tenant flex space in central Greenbrier location for lease.
      929 Ventures Way, Chesapeake, VA 23320
      View Details
    • $12 SF/Yr
      15,023 SF

      Chesapeake Warehouse Space Available

      15,023 square foot warehouse space for lease in Chesapeake.
      525 Byron St, Chesapeake, VA 23320
      View Details
    • $18 SF/Yr
      81,318 SF

      Adaptable Office/Flex Space Available

      31,568 sqft office/flex space in Greenbrier, Chesapeake, VA.
      850 Greenbrier Cir, Chesapeake, VA 23320
      View Details
    • Contact for pricing

      Industrial Space Available For Rent

      Single tenant industrial space available for rent, 5,400 SqFt.
      940 Corporate Ln, Chesapeake, VA 23320
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5300 Bainbridge Blvd
    Chesapeake, VA 23320-6712
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!