FOR SALE ±18 ACRE DEVELOPMENT OPPORTUNITY...+ A unique development opportunity located in the heart...

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FOR SALE Hampton Roads ±18 ACRE DEVELOPMENT OPPORTUNITY Intersection of General Booth Boulevard and Oceana Boulevard VIRGINIA BEACH, VIRGINIA CONTACT US PATRICK GILL, CCIM Senior Vice President +1 757 228 1832 [email protected] JOANNA HASTINGS Associate +1 757 228 1863 [email protected] + A unique development opportunity located in the heart of Virginia Beach. + Parcel A: 9.5 acres zoned B-2 (General Business) + Parcel B: Rear 8 acres zoned R5D for small single-family lots averaging 5,000 SF or for duplex lots averaging 10,000 SF. It has been confirmed with the Virginia Beach Planning Department that residential development under the current R5D Zoning is permitted. + GPIN #’s as follows: 2415683320000, 4156856620000, 24156859740000, 24156884590000, 4156890080000, 2415682220000, 24157822270000 + All utilities are available to the site. + Asking Price: $8,975,000 PROPERTY OVERVIEW General Booth Blvd Oceana Blvd Oceana NAS Commissary Redwing Park Kampgrounds of America Capital Markets | Investment Properties Parcel A Parcel B ±18 ACRE SITE For More Information visit: www.cbre-virginiabeach-land.com

Transcript of FOR SALE ±18 ACRE DEVELOPMENT OPPORTUNITY...+ A unique development opportunity located in the heart...

Page 1: FOR SALE ±18 ACRE DEVELOPMENT OPPORTUNITY...+ A unique development opportunity located in the heart of Virginia Beach. + Parcel A: 9.5 acres zoned B-2 (General Business) + Parcel

FOR SALE

Hampton Roads

±18 ACRE DEVELOPMENTOPPORTUNITYIntersection of General Booth Boulevard and Oceana BoulevardVIRGINIA BEACH, VIRGINIA

CONTACT US

PATRICK GILL, CCIMSenior Vice President+1 757 228 [email protected]

JOANNA HASTINGSAssociate+1 757 228 [email protected]

+ A unique development opportunity located in the heart of Virginia Beach.

+ Parcel A: 9.5 acres zoned B-2 (General Business)

+ Parcel B: Rear 8 acres zoned R5D for small single-family lots averaging 5,000 SF or for duplex lots averaging 10,000 SF. It has been confirmed with the Virginia Beach Planning Department that residential development under the current R5D Zoning is permitted.

+ GPIN #’s as follows: 2415683320000, 4156856620000, 24156859740000, 24156884590000, 4156890080000, 2415682220000, 24157822270000

+ All utilities are available to the site.

+ Asking Price: $8,975,000

PROPERTY OVERVIEW

Gen

eral

Boo

th B

lvd

Oceana Blvd

Oceana NAS Commissary

RedwingPark

Kampgrounds of America

Capital Markets | Investment Properties

Parcel A

Parcel B

±18 ACRESITE

For More Information visit: www.cbre-virginiabeach-land.com

Page 2: FOR SALE ±18 ACRE DEVELOPMENT OPPORTUNITY...+ A unique development opportunity located in the heart of Virginia Beach. + Parcel A: 9.5 acres zoned B-2 (General Business) + Parcel

Hampton Roads

CBRE | Hampton Roads | 150 West Main Street | Suite 1100 | Norfolk, VA 23510© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

FOR SALE±18 ACRE DEVELOPMENT OPPORTUNITY

ZONING MAP

Capital Markets | Investment Properties

VIRGINIA BEACH, VIRGINIA

DEMOGRAPHICS

1 mile 3 miles 5 miles

2 0 1 6 P O P U L AT I O N 6,459 43,564 113,844

2 0 1 6 AV E R AG E H O U S E H O L D I N C O M E $64,571 $87,667 $83,293

2 0 1 6 H O U S E H O L D S 2,598 15,381 42,913

DAY T I M E E M P LOY M E N T ( TOTA L

E M P LOY E E S )

2,118 42,913 72,877

T R A F F I C C O U N T 27,000 AADT at General Booth Boulevard and Prosperity Road