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1033 Cavalier Blvd 20,750 SF Industrial Building Chesapeake, VA 23323 $7,666,624 CAD ($369.48 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Renovated in 2016 (additional 12K sf added).

EXECUTIVE SUMMARY

Introducing a prime industrial warehouse/manufacturing asset opportunity at 1033 Cavalier Blvd, Chesapeake, VA — perfect for owner-users or investors. This 20,750 SF building is zoned M-1 Light Industrial, and is well-equipped to accommodate various manufacturing and operational needs.
Featuring two adjoined structures, the property includes the original 8,750 SF building (built 1985) with 18' clear height and 12,000 SF (built 2016) with 42' clear height.
Significant Added Value: This offering includes over $1 million in machinery, vehicles, and industrial equipment (supported by a third-party appraisal).
Centrally located in Cavalier Industrial Park, the site provides easy access to major regional thoroughfares — I-64 and I-264 — making it ideal for businesses requiring logistics connectivity across Hampton Roads and the broader Mid-Atlantic region. Don’t miss the chance to capitalize on this exceptional opportunity for your warehouse/manufacturing operations or as a strong addition to an industrial investment portfolio.
Capitalization Rate calculated independently at 8%.
Aerial Video of building and property:
https://vimeo.com/1136145847

PROPERTY FACTS

Price $7,666,624 CAD
Price Per SF $369.48 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class A
Lot Size 6.37 AC
Rentable Building Area 20,750 SF
No. Stories 1
Year Built/Renovated 1985/2016
Tenancy Single
Parking Ratio 0.96/1,000 SF
Clear Ceiling Height 42’
No. Drive In / Grade-Level Doors 9
Zoning M-1 - Light Industrial District. Permitted uses are broad such as general contractor shops, light manufacturing, transportation services, some retail trade.

AMENITIES

  • Fenced Lot
  • Signage

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0240000001100
Land Assessment
$1,487,091 CAD
Improvements Assessment
$2,174,797 CAD
Total Assessment
$3,661,889 CAD
  • Listing ID: 38534672

  • Date on Market: 2025-11-21

  • Last Updated:

  • Address: 1033 Cavalier Blvd, Chesapeake, VA 23323

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