2598 Cherrystone Road

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

2598 Cherrystone Road

Cape Charles, VA 23310
Asking Price
$3.15M
Asset Type
Land
Class
Class B

What's Special

2598 Cherrystone Road is situated in Northampton County, just north of the historic town of Cape Charles on Virginia’s Eastern Shore. The property is positioned within a rural coastal landscape characterized by agricultural tracts and proximity to the Chesapeake Bay. It offers direct access to U.S. Route 13, the primary transportation artery connecting the Delmarva Peninsula to the Norfolk-Virginia Beach metropolitan area via the Chesapeake Bay Bridge-Tunnel. Nearby amenities include the Port of Cape Charles, local marinas, and established aquaculture operations. The site is suited for agricultural production, conservation initiatives, or low-density development consistent with rural zoning. Its strategic location near regional transit routes makes it a viable option for businesses requiring land for equipment storage, large-scale nurseries, or solar energy projects. Potential users include agricultural operators, land investors, and entities seeking proximity to the Eastern Shore’s maritime and tourism hubs while maintaining ease of highway access for logistics.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
2.54%
DSCR
0.43
Underwater
Cash-on-Cash
-11.32%
Monthly Payment
$15,584.481
Annual Cash Flow
$-107,013.776

Location & Travel Times