Commercial Land in Chesapeake, Virginia, offers a unique investment opportunity for those looking to capitalize on the city's diverse landscape and growing economy. As the second-most populous city in Virginia, Chesapeake provides a strong foundation for businesses to thrive, with its international headquarters of Dollar Tree and various industries and businesses. Commercial Land investments in Chesapeake can represent a range of opportunities, from retail and manufacturing to healthcare and education. With its extensive frontage and port facilities on the Elizabeth River, as well as the Dismal Swamp Canal, Chesapeake is an attractive location for businesses that rely on transportation and logistics. The city's amenities, including the Chesapeake Arboretum, Chesapeake and Albemarle Canal, and Dismal Swamp Canal, make it an appealing place to live and work. Additionally, Chesapeake's location near Portsmouth, Norfolk, and Virginia Beach to the north and east, and Suffolk to the west, provides easy access to a large and diverse population.
With 27 Commercial Land listings available in Chesapeake, investors have a range of options to choose from. The average price per square foot is $274 USD, and the average size is 4,827 square feet, with the largest property spanning 5,480 square feet. The average cap rate is. In addition to Commercial Land, Chesapeake also offers other property types, including residential properties, office spaces, and industrial facilities. The city's diverse economy, with major sectors in retail, manufacturing, healthcare, and education, provides a strong foundation for businesses to grow and thrive. With its rich history, natural beauty, and cultural attractions, Chesapeake is an attractive location for businesses and residents alike.
What are common commercial uses for land in the Chesapeake market?
Commercial land for sale in Chesapeake, Virginia, is often utilized for various purposes, including retail development, industrial facilities, office spaces, and healthcare services, given the city's strong presence of major employers like Dollar Tree and the U.S. Navy bases.
With 27 available listings of commercial land, investors and developers can explore opportunities that cater to the city's growing population, taking advantage of its strategic location, extensive transportation network, and diverse economy, which includes retail, manufacturing, healthcare, and education sectors.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Chesapeake, Virginia, there are several common ways to do so. From negotiating with private landowners to working with commercial real estate brokers, investors can explore various options to acquire the perfect plot of land for their project, and our article on how to buy land provides valuable insights to get started.
