961 Michael Dr - Warehouse FOR SALE


Chesapeake, VA 23323- Deep Creek North
$12,000,000 USD
757-434-4637
961 Michael Dr, Chesapeake, VA for Sale
$12,000,000 USD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

961 Michael Dr
Chesapeake, VA 23323
Deep Creek North


HIGHLIGHTS

  • MagLocks and Security Cameras Throughout Property
  • 4,000 Gallon Diesel Above Ground Tank
  • Automatic Gate to Yard
  • Oil Heat in Warehouse; Oil and Waste Oil Tanks connected to Warehouse with Oil Change Pit
  • Exhaust Fans and Skylights in Warehouse
  • Air Compressor Lines throughout Warehouse

OVERVIEW

Situated on 2.3 acres, the site features a fully fenced and stabilized yard equipped with drainage, lighting, and an automatic security gate, offering both security and operational efficiency. An additional 2.3-acre stabilized yard provides direct access to the Southern Branch of the Elizabeth River, with 338 feet of frontage—making it ideal for marine-related industrial use or logistics operations requiring waterway connectivity. The warehouse boasts six oversized 16’ x 16’ drive-in overhead doors, 26’ to 31’ clear ceiling heights, and a robust 10-ton overhead crane system. Air compressor lines run throughout the space, complemented by an oil change pit, exhaust fans, skylights for natural lighting, and oil heat for year-round functionality. The facility is further enhanced with oil and waste oil tanks connected directly to the warehouse, ensuring environmental compliance and operational efficiency.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$612 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

36

LAND DETAILS

LAND ACRES

8.29

LAND SF

361,271

ZONING

M2

APN/PARCEL ID

0254005000355

ASK ABOUT THIS PROPERTY

Bobby Beasley IIIHarvey Lindsay Commercial Real EstateMore Info
757-434-4637

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Bobby Beasley IIIHarvey Lindsay Commercial Real EstateMore Info
757-434-4637

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.