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155 Kingstowne Dr
Newport News, VA 23606
Land For Sale
·
9.80 AC
INVESTMENT HIGHLIGHTS
- Rare 9.8-acre infill site in the heart of Oyster Point
- Signalized access across from Virginia Living Museum
- Surrounded by retail, medical, and educational anchors
- Zoned M-1 with strong potential for residential rezoning
- Minutes to I-64, City Center, Tech Center, and CNU
- 15.7% projected income growth within 1-mile radius
EXECUTIVE SUMMARY
Positioned in the heart of Newport News’ thriving Oyster Point district, 155 Kingstowne Drive presents a rare opportunity to acquire nearly 10 acres of prime infill land with flexible development potential. Zoned M-1, the site is ideally suited for light industrial or flex development, while its strategic location and surrounding residential growth make it a compelling candidate for rezoning to multifamily or mixed-use. The property benefits from direct access via Kingstowne Drive and a signalized intersection at J. Clyde Morris Boulevard, directly across from the Virginia Living Museum. It sits just off the major intersection of Jefferson Avenue and J. Clyde Morris Boulevard, placing it within a two-mile radius of key regional anchors including City Center at Oyster Point, Tech Center, Riverside Regional Medical Center, and Christopher Newport University. This is a compelling opportunity for developers seeking a centrally located, high-visibility site in one of Hampton Roads’ most dynamic submarkets.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Industrial |
| Property Type | Land | Total Lot Size | 9.80 AC |
| Zoning | M1 - Heavy industrial uses. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 9.80 AC |
| Zoning | M1 - Heavy industrial uses. |
1 LOT AVAILABLE
Lot
| Price | $4,410,938 CAD | Lot Size | 9.80 AC |
| Price Per AC | $450,095.75 CAD |
| Price | $4,410,938 CAD |
| Price Per AC | $450,095.75 CAD |
| Lot Size | 9.80 AC |
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