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220 Rainbow Lane

For Sale

Property Features

±9.93 acres off N. Battlefield Blvd. with proposed rezoning plan for 154 Multi-Family units. Adjoining ±5.3 AC parcel with two planned hotels may be available for purchase, could accommodate 80+ additional Multi-Family units. Multi-Family vacancy rates in Chesapeake are currently the lowest in Hampton Roads. Easy access and visibility from Battlefield Blvd and I-64. Across Battlefield Blvd. from the 260,000 SF Kroger Marketplace anchored shopping center. Close proximity to employers, retail, dining, and entertainment options.

  • Sale Price: $4,250,000
  • Acreage: 9.93
  • Sale Price: $4,250,000
  • Acreage: 9.93