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10614 Jefferson Ave - Development Opportunity

2.59 Acres of Commercial Land in Newport News, VA 23601

Investment Highlights

  • 2.59ac
  • 45,000 vpd traffic count
  • Signalized intersection

Executive Summary

2.59ac located on heavily traveled Jefferson Ave (45,000 vpd) in Newport News, VA. Signalized intersection. Opportunity to purchase or ground lease. Many commercial uses allowed.

Attachments

10614 Jefferson Ave OM

Property Facts

Sale Type Investment or Owner User Property Subtype Commercial
Sale Conditions
Ground Lease (Leased Fee)
  • Design & Build
 Proposed Use
Commercial
  • Retail
  • Hospitality
  • Fast Food
  • Hotel
  • Motel
  • Restaurant
  • Self Storage
  • Service Station
No. Lots 1 Total Lot Size 2.59 AC
Property Type Land
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leased Fee)
  • Design & Build
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Fast Food
  • Hotel
  • Motel
  • Restaurant
  • Self Storage
  • Service Station
Total Lot Size 2.59 AC

1 Lot Available

Lot

Lot Size 2.59 AC
Lot Size 2.59 AC

2.59ac located on heavily traveled Jefferson Ave (45,000 vpd) in Newport News, VA. Signalized intersection. Opportunity to purchase or ground lease. Many commercial uses allowed.

Description

2.59ac site with 400' of frontage on Jefferson Ave (45,000 vpd). Signalized intersection offering redevelopment into several commercial uses including retail, office, medical, education, hotel/motel and more.

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PROPERTY TAXES

Parcel Number 248.00-07-54 Improvements Assessment £0
Land Assessment £713,853 Total Assessment £713,853

PROPERTY TAXES

Parcel Number
248.00-07-54
Land Assessment
£713,853
Improvements Assessment
£0
Total Assessment
£713,853

zoning

Zoning Code C-1 (Many commercial uses permitted by right including retail, office, medical, education, motel/hotel. Others allowed with conditional use permit.)
C-1 (Many commercial uses permitted by right including retail, office, medical, education, motel/hotel. Others allowed with conditional use permit.)
(757) 282-6510

  • Listing ID: 33821737

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 10614 Jefferson Ave, Newport News, VA 23601

The Land Property at 10614 Jefferson Ave, Newport News, VA 23601 is currently available For Sale. Contact S.L. Nusbaum Realty Co. for more information.

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© 2024 CoStar Group

10614 Jefferson Ave - Development Opportunity
(757) 282-6510 x

10614 Jefferson Ave - Development Opportunity

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Doug Aronson

(757) 282-6510

(757) 282-6510

Reid Cardon

(757) 627-8611

(757) 627-8611

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