For Sale
$345,000

10751 Jefferson AveNewport News, VA 23601

1.44 Acres, C1 Zoning, Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.44-acre commercial land parcel, located at 10751/10753 Jefferson Avenue in Newport News, Virginia (zip code 23601), presents a prime investment and development opportunity. The property boasts highly desirable C1 zoning, allowing for a wide range of commercial uses. Conveniently situated on Jefferson Avenue, the land offers both right-turn entrance access and a left-turn median break access, ensuring excellent visibility and accessibility for potential businesses. Adding to its appeal, the seller will handle the demolition and removal of the existing structure, leaving the land ready for immediate development. This location falls within Newport News Enterprise Zone (VEZ) #3, making the development potentially eligible for various economic incentives, rebates, or waivers, further enhancing its investment potential. The asking price for this strategically located and well-positioned commercial land is $345,000. Coordinates are 37.053609 latitude and -76.463094 longitude. This is a rare opportunity to acquire a ready-to-develop commercial site in a thriving area. Don't miss out on this chance to capitalize on the numerous benefits this property offers.

Highlights

  • 1.44-acre commercial land parcel at 10751/10753 Jefferson Avenue, Newport News, VA 23601.
  • C1 zoning allows for diverse commercial uses.
  • Excellent visibility and accessibility with right-turn and left-turn access from Jefferson Avenue.
  • Seller will demolish existing structure; land is ready for immediate development.
  • Located in Newport News Enterprise Zone #3, eligible for potential economic incentives.
  • Asking price: $345,000.

Property Details for 10751 Jefferson Ave

Property type
Land

Location Insight

City
Newport News
County
Hampton City
State
Virginia
Latitude
37.053609
Longitude
-76.463094
10751 Jefferson Ave, Newport News, Virginia

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10751 Jefferson Ave
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