3600 George Washington HwyPortsmouth, VA 23704
- Other commercial real estate
- 0.93 AC
Property Details for 3600 George Washington Hwy
- Lot size
- 0.93 AC
- Zone code
- GMU
- Property type
- Other commercial real estate
- APN
- 0469-0261
- APU
- 4690261
Description
This exceptional 0.95-acre commercial property, located at 3600 George Washington Highway in Portsmouth, Virginia (zip code 23704), presents a unique investment opportunity. Situated at the intersection of George Washington Highway and Frederick Boulevard, this property boasts a highly desirable location with excellent visibility and accessibility. The General Mixed Use (GMU) zoning allows for a wide range of commercial uses, including retail, fast food establishments, office space, office/warehouse combinations, and automotive sales, among others. The property's strategic placement ensures high traffic volume, with a daily traffic count of 27,700 vehicles. The asking price for this versatile property is $495,000. This presents a rare chance to acquire a substantial commercial property in a thriving area with significant potential for growth and diverse business applications. The property's size and zoning make it an ideal investment for entrepreneurs and businesses seeking a prominent location in a busy commercial corridor. Don't miss this opportunity to secure a prime piece of Portsmouth real estate.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $8,593,773
- Hospitality
- $7,871,850
- Educational
- $6,549,287
- Medical
- $6,774,527
- Retail
- $10,187,779
Location Insight
- City
- Portsmouth
- County
- Portsmouth City
- State
- Virginia
- Latitude
- 36.8104
- Longitude
- -76.3172
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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