928 Professional PlChesapeake, VA 23320

  • Warehouses
  • 15,800 SF
For Lease
$12.50/SF/YR View listing

Property Details for 928 Professional Pl

Year built
1988
Lot size
1.00 AC
Property size (Sq ft)
15,800 SF
Zone code
PUD: PLANNED UNIT DEVELOP
Property type
Warehouses
APN
373002000060
APU
373002000060

Description

This exceptional 15,800-square-foot office and warehouse property in Chesapeake County is available for lease. Situated on a one-acre lot, this single-tenant building offers a beautifully appointed 3,200-square-foot office space. The office area features built-in desks and storage cubicles, including eight individual offices, one of which boasts a private bath and shower. A reception area, kitchenette, and conference room add to the functionality. Four bathrooms are conveniently located throughout the building, with one situated in the warehouse area for added convenience. A secure entry vestibule and security system enhance safety and peace of mind. The warehouse itself offers a substantial 12,600 square feet of space with an impressive 18-foot ceiling height, perfect for various storage and operational needs. Three grade-level doors (two 10'x12' and one 12'x14') provide easy access, complemented by a loading dock with a 10'x12' overhead door. The property includes three parking spaces and is equipped with a 400-amp, single-phase electrical meter. The asking lease rate is $12.50 per square foot, NNN. This property presents a unique opportunity for a business seeking a combination of modern office space and ample warehouse capacity in a prime Chesapeake County location. The sale price is $2,950,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,355,366
    Hospitality
    $3,073,498
    Educational
    $2,557,114
    Medical
    $2,645,057
    Retail
    $3,977,733

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7644
Longitude
-76.229
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
$14,494
$325,700
$1,764,000
$2,089,700
-
$325,700
$1,764,000
$2,089,700

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