1020 Loftis BlvdNewport News, VA 23606

  • Land
  • 0.79 AC
For Sale
$795,000 View listing

Property Details for 1020 Loftis Blvd

Lot size
0.79 AC
Zone code
C1
Property type
Land
Property subtype
Commercial land
APN
194000213
APU
194000213

Description

This exceptional 0.79-acre commercial land parcel presents a prime development opportunity in Newport News, Virginia. Located at 1020 Loftis Blvd, this property boasts a highly desirable C1 zoning designation, offering flexibility for a variety of commercial uses. Its strategic location at the entrance to the award-winning Port Warwick community ensures high visibility and accessibility. Port Warwick itself is a thriving mixed-use development featuring a blend of retail, medical, office spaces, townhomes, and apartments centered around a three-acre green space. The site is ideally suited for medical, office, or retail development and can accommodate a substantial two-story building of up to 10,000 square feet. Adding to its appeal, the property enjoys a highly convenient location directly across the street from the Sentara Port Warwick Medical Campus, enhancing its potential for medical-related businesses. Furthermore, its proximity to City Center @ Oyster Point (less than half a mile) and Interstate 64 (less than two miles) provides excellent access to major transportation arteries and a wide range of amenities. The asking price for this exceptional property is $795,000. Don't miss this chance to acquire a premier commercial site in a flourishing community.

1020 Loftis Blvd, Newport News, Virginia

Location Insight

City
Newport News
County
Newport News City
State
Virginia
Latitude
37.0856
Longitude
-76.4846
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,486
$549,700
-
$549,700
-
$549,700
-
$549,700

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