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406 Campostella Rd
Norfolk, VA 23523
Land For Sale
·
0.29 AC
INVESTMENT HIGHLIGHTS
- Prime corner location with signalized intersection
- Adjacent to 246-unit Harbor Pointe Apartments
- Quick access to I-264 and Downtown Norfolk
- High traffic counts: 34,000 ADT on Campostella Road
- Concept plan for 2,400 SF commercial building with parking
EXECUTIVE SUMMARY
Positioned at a high-visibility signalized intersection on Campostella Road, this 0.286-acre parcel offers a prime opportunity for retail or service-oriented development in Norfolk’s growing corridor. The site benefits from exceptional traffic exposure, with 34,000 vehicles per day on Campostella Road and an additional 16,000 on E. Indian River Road. Located just 2.4 miles from Downtown Norfolk and near Norfolk State University, the property sits on the “going-to-work” side of the road, ensuring strong commuter visibility.
Directly fronting The Retreat at Harbor Pointe Apartments—a 246-unit community completed in 2021—the site is poised to capture consistent foot and vehicle traffic from residents and surrounding neighborhoods. Nearby retailers include Lumber Liquidators, Cabinets to Go, Surplus Flooring, AAAA Self Storage, Hardee’s, and Citgo, creating a synergistic environment for new businesses. The concept plan envisions a 2,400 SF commercial building with dedicated parking, making this an ideal location for quick-service restaurants, convenience retail, or professional services.
Directly fronting The Retreat at Harbor Pointe Apartments—a 246-unit community completed in 2021—the site is poised to capture consistent foot and vehicle traffic from residents and surrounding neighborhoods. Nearby retailers include Lumber Liquidators, Cabinets to Go, Surplus Flooring, AAAA Self Storage, Hardee’s, and Citgo, creating a synergistic environment for new businesses. The concept plan envisions a 2,400 SF commercial building with dedicated parking, making this an ideal location for quick-service restaurants, convenience retail, or professional services.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.29 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.29 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 0.29 AC |
| Lot Size | 0.29 AC |
DESCRIPTION
With easy access to I-264 and proximity to Riverside Memorial Park and local schools, this property combines strategic location, strong demographics, and development flexibility. Within a five-mile radius, the population exceeds 273,000, supported by over 376,000 employees, ensuring a robust customer base.
PROPERTY TAXES
| Parcel Number | 06773202 | Improvements Assessment | $0 CAD |
| Land Assessment | $103,144 CAD | Total Assessment | $103,144 CAD |
PROPERTY TAXES
Parcel Number
06773202
Land Assessment
$103,144 CAD
Improvements Assessment
$0 CAD
Total Assessment
$103,144 CAD
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