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2448 Chesapeake Square Ring Rd 2.95 Acres of Commercial Land Offered at $1,180,000 in Chesapeake, VA 23321
EXECUTIVE SUMMARY
New development opportunity for retail, office, and/or medical space on 2.95 acres.
Adjacent to Walmart Supercenter, Sam’s Club, Target, and Chesapeake Square Mall.
Other nearby retailers include PetSmart, Gabe's, Starbucks, Ross, Best Buy, BJ's, Chipotle, and many more.
Prepaid ground lease with 82 years remaining.
Site can accommodate up to 23,700 SF of retail space with a drive-thru
Located off I-664 at Chesapeake Square Mall; 717,282 SF regional mall, recently purchased by Kotarides for redevelopment.
Zoned B-2
Adjacent to Walmart Supercenter, Sam’s Club, Target, and Chesapeake Square Mall.
Other nearby retailers include PetSmart, Gabe's, Starbucks, Ross, Best Buy, BJ's, Chipotle, and many more.
Prepaid ground lease with 82 years remaining.
Site can accommodate up to 23,700 SF of retail space with a drive-thru
Located off I-664 at Chesapeake Square Mall; 717,282 SF regional mall, recently purchased by Kotarides for redevelopment.
Zoned B-2
PROPERTY FACTS
| Price | $1,180,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 2.95 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | B-2 | ||
| Price | $1,180,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.95 AC |
| No. Stories | 1 |
| Zoning | B-2 |
1 LOT AVAILABLE
Lot
| Price | $1,180,000 | Lot Size | 2.95 AC |
| Price Per AC | $400,000.00 |
| Price | $1,180,000 |
| Price Per AC | $400,000.00 |
| Lot Size | 2.95 AC |
2.95 acres shadow anchored by Wal-Mart Supercenter and Sam's Club near I-664 and Chesapeake Square Mall. 23,700 SF retail shops approved plans.
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PROPERTY TAXES
| Parcel Number | 0090000001420 | Improvements Assessment | $14,427,200 |
| Land Assessment | $6,957,300 | Total Assessment | $21,384,500 |
PROPERTY TAXES
Parcel Number
0090000001420
Land Assessment
$6,957,300
Improvements Assessment
$14,427,200
Total Assessment
$21,384,500
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2448 Chesapeake Square Ring Rd
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