901 Eden WayChesapeake, VA 23320

Property Details for 901 Eden Way

Year built

1990

Lot size

2.00 AC

Property size (Sq ft)

15,454 SF

Zone code

PUD: PLANNED UNIT DEVELOP

Property type

Retail space

APN

280000000074

APU

280000000074

Description

This exceptional single-tenant retail property, totaling 15,380 square feet, is ideally situated at 901 Eden Way N in Chesapeake, Virginia, zip code 23320. The property offers a fantastic opportunity for businesses seeking a high-visibility location within the desirable Greenbrier/Battlefield submarket. Its strategic positioning provides easy access to major transportation arteries, including Interstates 64 and 464, ensuring high traffic volume and convenient access for customers and employees. The building's single-tenant occupancy presents a streamlined management structure, minimizing complexities and maximizing efficiency. The property's size is well-suited for a variety of retail uses, offering ample space for display, inventory, and operations. The precise configuration and layout of the interior are available upon request. This property represents a compelling investment opportunity in a thriving commercial area with strong potential for growth and return. Detailed financial information and property specifics are available to qualified buyers. The property's location in Chesapeake, Virginia, offers access to a robust local economy and a substantial consumer base. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional retail space. The property is located at the coordinates 36.7747779 latitude and -76.2284994 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $3,293,800

  6.5%

  $3,040,430

  7%

  $2,823,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,803,790

  Geo Method

  $2,684,210

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,943,740

  Mixed-Use / Specialty

  $3,023,690

  Hospitality / Lodging

  $2,210,700

  Office

  $2,999,580

  Institutional / Educational

  $3,141,310

  Residential Income

  $3,675,330

  Multifamily

  $4,440,720

  Automotive / Energy

  $2,692,550

  Parking / Income-Based Land

  $934,998

  Restaurant / Food Service

  $1,560,040

  Healthcare / Senior Housing

  $3,106,790

Location Insight

City

Chesapeake

County

Chesapeake City

State

Virginia

Latitude

36.7748

Longitude

-76.2287

CBSA code

47260

CBSA name

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

Property Tax & Assessments

FAQs

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