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Investment Highlights
- Prime location along Battlefield Blvd with strong visibility and traffic counts.
- Convenient access to I-64 and I-464 for regional connectivity.
- Surrounded by robust demographics and a thriving business community.
- Zoned B-2, allowing for a wide range of general business uses.
- Includes additional 0.16-acre rear lot for expansion or parking flexibility.
Executive Summary
This office property at 361 Battlefield Blvd N offers a prime opportunity in Chesapeake’s thriving commercial corridor. The 1,728 SF building sits on a 0.4-acre lot with an additional 0.16-acre rear parcel, providing flexibility for future expansion or additional parking. Zoned B-2 for general business, the site accommodates a wide range of professional and service-oriented uses.
Strategically positioned near Chesapeake Regional Healthcare and surrounded by a strong mix of retail and service businesses, the property benefits from excellent visibility and accessibility. Major transportation routes, including I-64 and I-464, are just minutes away, ensuring convenient regional connectivity for clients and employees. The location also offers proximity to key amenities such as banking, dining, and shopping, enhancing its appeal for professional office users.
With a competitive asking price of $525,000, this property represents an attractive investment for owner-occupants or investors seeking a well-located asset in a high-demand market. The combination of strong demographics, including an average household income of $126,477 within three miles, and a growing business base of over 2,700 companies nearby, underscores the long-term value of this offering.
Strategically positioned near Chesapeake Regional Healthcare and surrounded by a strong mix of retail and service businesses, the property benefits from excellent visibility and accessibility. Major transportation routes, including I-64 and I-464, are just minutes away, ensuring convenient regional connectivity for clients and employees. The location also offers proximity to key amenities such as banking, dining, and shopping, enhancing its appeal for professional office users.
With a competitive asking price of $525,000, this property represents an attractive investment for owner-occupants or investors seeking a well-located asset in a high-demand market. The combination of strong demographics, including an average household income of $126,477 within three miles, and a growing business base of over 2,700 companies nearby, underscores the long-term value of this offering.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
1,728 SF
Building Class
C
Year Built
1945
Price
$525,000
Price Per SF
$303.82
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
864 SF
Building FAR
0.07
Lot Size
0.56 AC
Zoning
B2
Parking
25 Spaces (14.47 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Fireplace
- Kitchen
- Storage Space
- Central Heating
- Air Conditioning
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0482001000350 | Improvements Assessment | $157,900 |
| Land Assessment | $169,000 | Total Assessment | $326,900 |
Property Taxes
Parcel Number
0482001000350
Land Assessment
$169,000
Improvements Assessment
$157,900
Total Assessment
$326,900
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361 Battlefield Blvd N
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