This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

17305 Warwick Blvd - R7-Zoned Residential/Multifamily Development

1.53 Acres of Commercial Land Offered at £197,250 in Newport News, VA 23603

Investment Highlights

  • Excellent redevelopment opportunity for residential product as encouraged by the municipality.
  • Grandfathered use allows for an automotive operator.
  • Perfect site for multi-family, townhome, apartments, or general residential use.
  • Located at signalized intersection near Interstate 64.

Executive Summary

This offering is a rare find! The property is zoned R7 Medium Density with the City of Newport News. It currently consists of multiple commercial buildings that are used primarily for ownership storage and as an automotive service center. An automotive operator could use some of the existing structures under a grandfathered right with the city. The future development of this location is slated for Multi-Family residences! Situated at a signalized corner near interstate I-64 this site would be ideal for developers seeking to erect apartments or town homes. The property is priced to move!

Property Facts

Price £197,250
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Auto Dealership
  • Auto Repair
  • Single Family Development
Total Lot Size 1.53 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £197,250
Price Per AC £128,922
Lot Size 1.53 AC

1.53 acres zoned R7. Existing automotive building and lot on site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
026.00-02-16
Land Assessment
£144,624
Improvements Assessment
£99,256
Total Assessment
£243,880

zoning

Zoning Code R7 (Medium Density Residential)
R7 (Medium Density Residential)
  • Listing ID: 29251699

  • Date on Market: 11/08/2023

  • Last Updated:

  • Address: 17305 Warwick Blvd, Newport News, VA 23603

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}