2448 Chesapeake Square Ring RdChesapeake, VA 23321

  • Retail properties
  • 224,077 SF
For Lease
$20/SF/YR View listing

Property Details for 2448 Chesapeake Square Ring Rd

Year built
2002
Lot size
27.30 AC
Property size (Sq ft)
224,077 SF
Zone code
B2: GENERAL BUSINESS
Property type
Retail properties
Property subtype
Outlet malls
APN
90000001420
APU
90000001420

Description

This exceptional 23,700-square-foot retail property, located at 2448 Chesapeake Square Ring Road in Chesapeake, Virginia (zip code 23321), presents a unique investment opportunity. Situated on a 2.95-acre lot, this Class C building offers a single-tenant occupancy and is completely vacant, providing immediate potential for customization and development. The property's zoning is B-2, allowing for a variety of commercial uses. Approved plans for retail shops are already in place, streamlining the development process. The strategic location offers significant advantages, shadow-anchored by a Walmart Supercenter and Sam's Club, ensuring high visibility and substantial foot traffic. Its proximity to I-664 and Chesapeake Square Mall further enhances its accessibility and desirability. This property is ideal for businesses seeking a prominent location in a thriving commercial area within Suffolk County. The building's total square footage is 23,700 square feet, all of which is currently vacant. This presents a blank canvas for a prospective tenant to create a space perfectly tailored to their needs. The property's location near major roadways and established retail giants makes it an attractive proposition for businesses seeking high visibility and convenient access for customers. This is a rare opportunity to acquire a substantial retail space in a prime location with significant growth potential.

2448 Chesapeake Square Ring Rd, Chesapeake, Virginia

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.8292
Longitude
-76.4176
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
$229,073
$7,323,600
$16,955,400
$24,279,000
-
$7,323,600
$16,955,400
$24,279,000

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