For Sale
$350,000

4102 Bainbridge BlvdChesapeake, VA 23324

1.3-Acre Commercial/Industrial Land

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.3-acre parcel, located at 4102 Bainbridge Boulevard in Chesapeake, Virginia (zip code 23324), presents a unique redevelopment opportunity. Zoned B-3 (Highway Business), this property boasts excellent interstate access, situated only a quarter-mile from I-464. Its strategic location within the Bainbridge submarket offers significant advantages for developers. The site is ideally positioned to capitalize on the area's growth and strong infrastructure. Furthermore, this property benefits from its designation within multiple advantageous zones: an Opportunity Zone, a HUBZone, and a Technology Zone. This triple designation unlocks various incentives and potential tax benefits for qualified projects. Adding to its appeal, the land is situated within the South Norfolk Revitalization District, providing access to partial tax exemptions, further enhancing its investment potential. The asking price for this prime redevelopment site is $350,000. This represents a compelling investment opportunity for businesses seeking a strategic location with significant development potential and substantial tax advantages. The property's size and zoning make it suitable for a wide range of commercial and industrial uses. Don't miss this chance to acquire a highly desirable property in a rapidly developing area.

Highlights

  • 1.3-acre parcel in Chesapeake, VA (23324) zoned B-3 (Highway Business), ideal for redevelopment.
  • Located in an Opportunity Zone, HUBZone, and Technology Zone, offering significant tax benefits.
  • Situated in the South Norfolk Revitalization District with partial tax exemptions.
  • Excellent interstate access, only 0.25 miles from I-464.
  • Asking price: $350,000.

Property Details for 4102 Bainbridge Blvd

Property type
Land, Industrial properties
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7848461
Longitude
-76.2828824
4102 Bainbridge Blvd, Chesapeake, Virginia

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4102 Bainbridge Blvd
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