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15550 Warwick Blvd 0.57 Acres of Commercial Land Offered at $865,775 CAD in Newport News, VA 23608
Investment Highlights
- Signalized corner lot at Warwick Blvd and Merry Oaks Drive offering prime visibility.
- Directly across from the Merry Oaks Shopping Center in a proven retail corridor.
- Adjacent to a 45-key Motel 6 and adjacent to Fort Eustis Gate 2 at Shellabarger Drive.
- Multiple ingress/egress points from Warwick Blvd and Merry Oaks Drive.
- Surrounded by national brands including McDonald’s, Taco Bell, Wendy’s, Little Caesars, and 7-Eleven.
- Dense residential trade area with a 3-mile population exceeding 59,000 residents.
Executive Summary
This commercial parcel, .57+/- acre (24,744 SF) is C-1 zoned, retail commercial, is a corner lot that offers strong development potential at the signalized intersection of Warwick Boulevard and Merry Oaks Drive. The site allows building heights up to 40 feet and benefits from favorable setbacks for a corner parcel, providing flexibility for efficient site design. Most retail and service uses are permitted by right, including restaurants, convenience stores without gas, medical and veterinary services, child day care centers, and auto parts retail, with drive-thru facilities also permitted by right. Located directly across from the Merry Oaks Shopping Center, adjacent to a 45-key Motel 6, and neighboring several national retailers, the immediate surrounding area has a high residential roof top count, the 3-mile population exceeding 59,000. There is convenient access to Fort Eustis Gate 2, making it well suited for high-traffic retail, service, or quick-service restaurant development.
Property Facts
| Price | $865,775 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.57 AC |
| Property Type | Land | ||
| Zoning | C1 - Retail Commercial District | ||
| Price | $865,775 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.57 AC |
| Zoning | C1 - Retail Commercial District |
1 Lot Available
Lot
| Price | $865,775 CAD | Lot Size | 0.57 AC |
| Price Per AC | $1,518,903.46 CAD |
| Price | $865,775 CAD |
| Price Per AC | $1,518,903.46 CAD |
| Lot Size | 0.57 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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15550 Warwick Blvd
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