Language and Region
Currency

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.

Email*

Please enter a valid email address.

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

Send me a copy

965 characters remaining

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!

950 Omni Blvd

5.06 Acres of Commercial Land Offered at £632,008 in Newport News, VA 23606

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

5.06 acre parcel on Diligence Drive.
Pylon sign available.

C-4 (Hotel) Zoning.
Visible from I-64 and the J Clyde Morris Blvd. exit.

Executive Summary

The property is located adjacent to the Magnuson Hotel (former Omni Hotel) in the Oyster Point Industrial/Office Park. The area is considered the Peninsula’s premier business community. It is a regional corridor with several shopping centers, a mall, over 2 million sq. ft. of office space, many hotels, banking, legal, and research facilities.

Property Facts

Price	£632,008	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Hospitality Hotel Motel
No. Lots	1	Total Lot Size	5.06 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£632,008
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Hospitality Hotel Motel
Total Lot Size	5.06 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£632,008	Lot Size	5.06 AC
Price Per AC	£124,903

Price	£632,008
Price Per AC	£124,903
Lot Size	5.06 AC

5.06 acres on Diligence Drive adjacent to the Magnuson Hotel. (Former Omni Hotel). Zoned C-4.

1 of 1

aerial
map

950 Omni Blvd, Newport News, VA - aerial map view - Image1

950 Omni Blvd, Newport News, VA - aerial map view - Image2

PROPERTY TAXES

Parcel Number	185.00-01-05	Improvements Assessment	£0
Land Assessment	£599,618	Total Assessment	£599,618

PROPERTY TAXES

Parcel Number

185.00-01-05

Land Assessment

£599,618

Improvements Assessment

£0

Total Assessment

£599,618

zoning

Zoning Code	C-4
C-4

Listing ID: 25873052
Date on Market: 15/11/2024
Last Updated:
Address: 950 Omni Blvd, Newport News, VA 23606

1 of 4

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/4

950 Omni Blvd, Newport News, VA for sale Building Photo- Image 1 of 4 — Building Photo

950 Omni Blvd, Newport News, VA for sale Aerial- Image 2 of 4 — Aerial

950 Omni Blvd, Newport News, VA for sale Aerial- Image 3 of 4 — Aerial

1 of 1

aerial
map

This feature is unavailable at the moment.