For Sale
$425,000

10764 Jefferson AveNewport News, VA 23601

Prime Newport News Commercial Lot

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 1.12-acre commercial parcel, located at 10764 Jefferson Avenue in Newport News, Virginia (zip code 23601), presents a unique investment opportunity. Priced attractively below assessed value at $425,000, this land is ideally suited for retail development. Its prime location offers excellent visibility and accessibility, boasting close proximity to a variety of existing retail outlets, restaurants, and other businesses. The property features an existing pylon sign, providing immediate branding potential for future tenants. The 1.12-acre lot size provides ample space for a variety of development options, catering to diverse business needs. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving Newport News location. The property's strategic positioning ensures high foot traffic and strong visibility, making it an ideal investment for both established businesses and new ventures seeking a prominent presence in a bustling commercial area. The existing infrastructure and convenient location minimize development hurdles, promising a streamlined and efficient project timeline. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Highlights

  • 1.12-acre commercial lot in Newport News, VA (23601) at 10764 Jefferson Avenue.
  • Priced below assessed value at $425,000, ideal for retail development.
  • Excellent visibility and accessibility, near other businesses.
  • Features an existing pylon sign.
  • Ample space for various development options.

Property Details for 10764 Jefferson Ave

Property type
Retail properties, Land
Lot Size (sq. ft)
48,787 SF

Location Insight

City
Newport News
County
Hampton City
State
Virginia
Latitude
37.0539369
Longitude
-76.4616861
10764 Jefferson Ave, Newport News, Virginia

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10764 Jefferson Ave
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