6215 Chesapeake Cir New Kent, VA 23124
- Commercial real estate
- 13,720 SF
- 1.07 lot acres
Current Use by Public Records
- Top's China / Chinese Restaurant / Rice Restaurant
- Urban Escape Salon and Day Spa / Beauty Salon / Nail Salon
- Shaggy Paws Spa, LLC. / Pet Groomer / Pet Store
- UPS Drop Box / Shipping And Mailing Service
- The Daily Fix / Coffee Shop
Property Details for 6215 Chesapeake Cir
- Year built
- 2006
- Lot size
- 1.07 lot acres
- Property size
- 13,720 SF
- Zone code
- PUD
- Property type
- Commercial real estate
- APN
- 33B2 2
- APU
- 33B22
Description
This vibrant New Kent County shopping center, totaling 4,300 square feet, offers 1,000 square feet of immediately available retail space. Located at 6215 Chesapeake Circle, New Kent, VA 23124, this property enjoys a high-traffic location directly off I-64 at Route 155, benefiting from proximity to over 1,500 homes in the Brickshire community and golf course. The available space is a blank canvas, perfect for a variety of businesses, from small startups to expanding enterprises. The center's strategic position also caters to the significant tourist traffic generated by the nearby Colonial Downs Horse Track. Potential tenants could include restaurants, general retail stores, a nail salon, coffee shop, auto parts store, pharmacy, health and fitness center, dry cleaner, medical or dental office, or professional services like insurance or legal practices. The property is situated in New Kent County and offers excellent visibility and accessibility. This is a unique opportunity to establish a business in a thriving community with strong potential for growth. The building is a multi-tenant shopping center with a total of 4,300 square feet. The available space is 1,000 square feet and is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,545,000
- 6.5%
- $1,690,000
- 7%
- $1,805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,905,000
- Geo Method
- $1,735,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,280,000
- Retail
- $1,415,000
- Mixed-Use
- $1,725,000
- Hospitality
- $1,280,000
- Educational
- $1,675,000
- Residential Income
- $1,585,000
- Energy
- $1,680,000
- Income-Based Land
- $1,560,000
- Food Service
- $1,530,000
Location Insight
- Map
- Local Demand
- City
- New Kent
- County
- New Kent
- State
- Virginia
- Longitude
- -77.0265
- Latitude
- 37.4913
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
