4102 Bainbridge BlvdChesapeake, VA 23324

Property Details for 4102 Bainbridge Blvd

Lot size

1.30 AC

Property type

Land

Property subtype

Industrial properties

Description

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.

Location Insight

City

Chesapeake

County

Chesapeake City

State

Virginia

Latitude

36.7848

Longitude

-76.2829

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