Industrial Properties in Chesapeake, Virginia, offer a unique investment opportunity for those looking to capitalize on the city's diverse economy and strategic location. As the second-most populous city in Virginia, Chesapeake provides an attractive blend of urban, suburban, and natural areas, making it an ideal location for industrial properties. These properties can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. Chesapeake's infrastructure, including the Chesapeake Expressway, Veterans Bridge, and Jordan Bridge, as well as its airports and port facilities, make it an attractive location for businesses that rely on transportation and logistics. Additionally, the city's educational institutions, such as Tidewater Community College and Regent University, provide a skilled workforce, while its amenities, including the Chesapeake Arboretum and Dismal Swamp Canal, offer a high quality of life. With its strong economy and business-friendly environment, Chesapeake is an excellent place to invest in industrial properties, and with 16 available listings, there are plenty of opportunities to find the right property for your needs.
Chesapeake's industrial properties are just one aspect of the city's diverse real estate market, which also includes warehouses, land, apartment buildings, and commercial real estate. Warehouses in Chesapeake offer flexible spaces for businesses that require storage and distribution facilities. Land in Chesapeake provides opportunities for development and growth, with its diverse landscape and strategic location. Apartment buildings in Chesapeake cater to the city's growing population, while commercial real estate offers a range of options for businesses, from office spaces to retail centers. With its strong economy and diverse range of properties, Chesapeake is an attractive location for investors and businesses alike. Whether you're looking to invest in industrial properties or explore other opportunities, Chesapeake has something to offer, and with its many amenities and attractions, it's a great place to live, work, and do business.
What is the average price per square foot for industrial properties in Chesapeake?
The average price per square foot for industrial properties in Chesapeake is $141 USD.
How do location and transportation access affect industrial property values?
In Chesapeake, Virginia, the location and transportation access of industrial properties significantly impact their values, with proximity to major transportation facilities, such as the Chesapeake Expressway, Veterans Bridge, and Jordan Bridge, as well as airports like Norfolk International Airport and Chesapeake Regional Airport, increasing property values due to enhanced accessibility and connectivity.
- Industrial properties near the Elizabeth River, with access to the Dismal Swamp Canal and port facilities, are highly valued for their potential for waterborne commerce and international trade.
- Properties located near major highways, such as I-64, I-464, and I-664, and US routes 13, 17, 58, and 460, are also highly sought after due to their ease of access to regional and national markets.
- Furthermore, the availability of general aviation facilities, such as the Hampton Roads Executive Airport and NALF Fentress, can also increase property values by providing convenient access to private air travel and cargo transport.
