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Executive Summary

Rare opportunity to acquire ±29.446 acres of M-1 zoned industrial land in Chesapeake's Gilmerton Industrial Park. The offering consists of two parcels totaling ±29.446 acres with existing utilities, BMP in place, and waterfront access at 969 Michael Drive. Preliminary site planning indicates potential for a 150,000-200,000 SF industrial facility with trailer parking and outdoor storage. Ideal for industrial users, IOS operators, investors, and developers seeking a strategic Hampton Roads location near the Port of Virginia and major transportation corridors. Sale price upon request.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 29.45 AC
Opportunity Zone Yes
Zoning M-1 - M-1 (Light Industrial) zoning permits a variety of industrial, manufacturing, warehouse, distribution, contractor, outdoor storage, and related indust

1 Lot Available

Lot

Lot Size 29.44 AC

±29.446-acre industrial development site comprised of two parcels with M-1 zoning, existing utilities, BMP in place, waterfront access, and potential for industrial outdoor storage (IOS) or industrial development

Description

±29.446 acres of M-1 industrial land available for sale in Chesapeake's Gilmerton Industrial Park. The site consists of two parcels with existing utilities, BMP in place, waterfront access, and potential for industrial development or Industrial Outdoor Storage (IOS). Preliminary concepts support a 150,000-200,000 SF industrial facility. Strategically located near the Port of Virginia and major transportation corridors.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
  • Listing ID: 41949396

  • Date on Market: 8/31/2026

  • Last Updated:

  • Address: 960 - 969 Michael Dr, Chesapeake, VA 23323

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