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Investment Highlights

  • 1.66-acre site consisting of three parcels with GMU zoning.
  • Strategic location near I-264 and major retail centers.
  • Flexible zoning allows for a variety of commercial uses.
  • Excellent visibility along Airline Boulevard with 12,725 VPD.
  • Close to Rivers Casino Portsmouth and Tidewater Community College.
  • Strong surrounding demographics with growing economic activity.

Executive Summary

Comprised of three contiguous parcels, the site is zoned GMU (General Mixed Use), allowing for a wide range of commercial and mixed-use development options.

Property Facts

Price $541,842 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.66 AC
Zoning GMU - General Mixed Use

1 Lot Available

Lot

Price $541,842 CAD
Price Per AC $326,410.85 CAD
Lot Size 1.66 AC

Comprised of three contiguous parcels, the site is zoned GMU (General Mixed Use), allowing for a wide range of commercial and mixed-use development options.

Description

This 1.66-acre commercial land offering at 3290 Airline Boulevard in Portsmouth, VA presents a prime development opportunity in a high-traffic corridor. Comprising three contiguous parcels, the site is zoned GMU (General Mixed Use), allowing for a wide range of commercial and mixed-use development options. With 12,725 vehicles per day along Airline Boulevard, the property offers excellent visibility and accessibility for retail, office, or service-oriented businesses. Strategically located near major transportation routes, including I-264, the site provides convenient connectivity to the Hampton Roads region. The surrounding area features strong commercial activity with nearby shopping centers such as Victory Crossing and Victory West, as well as Tidewater Community College and the newly opened Rivers Casino Portsmouth, which is driving additional traffic and economic growth in the area. The property’s proximity to established neighborhoods ensures a steady customer base, while its flexible zoning supports diverse development possibilities. Offered at $475,000, this site is ideal for developers or investors seeking to capitalize on Portsmouth’s expanding commercial landscape. Whether for a single-user facility or a multi-tenant project, this property delivers the location, visibility, and zoning flexibility needed for long-term success.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0582-0020
  • 0582-0030
  • 0582-0040
Land Assessment
$646,959 CAD
Improvements Assessment
$0 CAD
Total Assessment
$646,959 CAD
  • Listing ID: 38553089

  • Date on Market: 2025-11-24

  • Last Updated:

  • Address: 3210 Airline Blvd, Portsmouth, VA 23701

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