200 Battlefield BlvdChesapeake, VA 23320

Property Details for 200 Battlefield Blvd

Year built

1991

Lot size

2.15 AC

Property size (Sq ft)

22,425 SF

Zone code

B2: GENERAL BUSINESS

Property type

Retail space

APN

480000001270

APU

480000001270

Description

Harbor Watch Shoppes, located at 200 Battlefield Blvd N in Chesapeake, Virginia (zip code 23320), offers a unique opportunity for retail or office users. This multi-tenant property boasts a total of 22,425 square feet of space, with a minimum divisible unit size of 1,250 square feet. Currently, 1,250 square feet of vacant space is immediately available, perfect for a variety of businesses. The property's classification includes retail, office, and restaurant uses, making it a versatile option for entrepreneurs and established companies alike. The building's location in Chesapeake, Virginia provides excellent access to major transportation routes and a thriving local community. The available space is ideal for businesses seeking a high-visibility location with ample room for growth and development. This is a fantastic opportunity to establish a presence in a dynamic commercial area. The property is categorized as both creative office and commercial space, offering a blend of modern aesthetics and functional design. Interested parties should inquire about lease terms and availability. The address is easily accessible and benefits from high traffic volume. The 1,250 square foot space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $6,116,079

  6.5%

  $5,645,612

  7%

  $5,242,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,342,282

  Geo Method

  $9,437,902

• Alternative Use

  Use

  Valuation

  Residential

  $4,762,284

  Hospitality

  $4,362,227

  Educational

  $3,629,322

  Medical

  $3,754,140

  Retail

  $5,645,612

Location Insight

City

Chesapeake

County

Chesapeake City

State

Virginia

Latitude

36.724

Longitude

-76.2416

CBSA code

47260

CBSA name

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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