910 Great Bridge BlvdChesapeake, VA 23320

  • Retail properties
  • 77,073 SF
For Lease
$15/SF/YR View listing

Property Details for 910 Great Bridge Blvd

Year built
1990
Lot size
9.22 AC
Property size (Sq ft)
77,073 SF
Zone code
MULTI: MULTIPLE ZONING
Property type
Retail properties
Property subtype
Strip malls
APN
360000000672
APU
360000000672

Description

Dominion Marketplace, located at 910 Dominion Blvd S, Chesapeake, VA 23322, presents a prime leasing opportunity for businesses seeking versatile commercial space. This retail property offers two available end-cap units within a larger 72,274 square foot building, featuring a total of three suites. Units are divisible to a minimum of 1,200 square feet and can accommodate contiguous spaces up to 5,125 square feet, providing flexibility for various business needs and expansion plans. The property boasts spacious interiors and a modern design, creating an attractive environment for customers and employees alike. Ample parking is available, ensuring convenient access for patrons. The high visibility location on Dominion Boulevard promises excellent exposure for businesses seeking to increase brand awareness and attract a substantial customer base. This property is ideally suited for retail, office, or service-based businesses looking to establish a presence in the thriving Chesapeake market. The adaptable layout allows for customization to meet specific operational requirements, making it an attractive option for a wide range of commercial ventures. This is a unique opportunity to secure a prominent location in a busy commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,020,492
    6.5%
    $19,403,532
    7%
    $18,017,566
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,797,936
    Geo Method
    $32,437,344
  • Alternative Use

    Use
    Valuation
    Residential
    $16,367,605
    Hospitality
    $14,992,638
    Educational
    $12,473,699
    Medical
    $12,902,689
    Retail
    $19,403,532
910 Great Bridge Blvd, Chesapeake, Virginia

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7522
Longitude
-76.2724
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
$67,878
$1,847,400
$3,090,600
$4,938,000
-
$1,847,400
$3,090,600
$4,938,000

FAQs

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