2406 Rodman AvePortsmouth, VA 23707

Property Details for 2406 Rodman Ave

Year built

1967

Lot size

0.41 AC

Property size (Sq ft)

5,400 SF

Zone code

GMU

Property type

Industrial properties

Property subtype

Other warehouses

APN

0339-0113

APU

3390113

Description

This exceptional investment opportunity encompasses three contiguous parcels totaling 1.12 acres of commercial land in Portsmouth, Virginia. Strategically located with frontage on both Rodman Avenue and Turnpike Road, this property offers unparalleled visibility and accessibility. Currently utilized as a marine outboard motor repair facility, the site includes two bathrooms and presents a multitude of redevelopment possibilities. The combined area provides ample space for a variety of commercial ventures, benefiting from its high-traffic location. The three parcels, identified as 24045 Rodman Avenue, 2406 Rodman Avenue, and 3709 Turnpike Road, are being offered as a single package. This presents a unique chance to acquire a substantial land holding in a desirable commercial area. The property's size and location make it ideal for expansion or the development of new commercial buildings. Given its current use, the property is well-suited for businesses in the marine or automotive repair sectors, but its versatility allows for a wide range of potential uses. The asking price for all three parcels is $425,000, representing a significant opportunity for investors seeking a substantial land acquisition in a thriving commercial zone. The 0.41-acre parcel at 2406 Rodman Avenue is included in this offering. Serious inquiries are encouraged to explore the potential of this prime commercial real estate.

• Alternative Use

  Use

  Valuation

  Residential

  $1,146,771

  Hospitality

  $1,050,436

  Educational

  $873,950

  Medical

  $904,007

  Retail

  $1,359,478

Location Insight

City

Portsmouth

County

Portsmouth City

State

Virginia

Latitude

36.8197

Longitude

-76.3455

CBSA code

47260

CBSA name

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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