Commercial

Portsmouth, VA Commercial Land for Sale

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Waterfront Commercial Land
Updated: Jul 10
Waterfront Commercial Land

2301 Frederick Boulevard, Portsmouth, VA 23704

$135,000
IN zoning
Waterfront property
Existing driveway along the south side of the lot
Concrete slabs remain from previous structures
Directly adjacent to Bayside Harley‑Davidson
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Waterfront Commercial Land
Updated: Mar 3
Waterfront Commercial Land

1403 Pulaski Street, Portsmouth, VA 23704

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0.06 AC lot
Waterfront commercial land parcel
UR zoning for urban residence use
Located near I‑264
Vacant lot offered for sale
1403 Pulaski Street, Portsmouth, VA 23704
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Commercial Development Land Parcel
Commercial Development Land Parcel

1481 Effingham Street, Portsmouth, VA 23704

$300,000
2.20 AC lot

Highly visible 2.2-acre site with direct I-264 on/off access along a high-traffic corridor.

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3.49 Acres Vacant Land
3.49 Acres Vacant Land

3101 Detroit St, Portsmouth, VA 23707

$300,000

Vacant land suitable for development with easy access to amenities.

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Self-Service Car Wash Facility
Self-Service Car Wash Facility

3600 George Washington Highway, Portsmouth, VA 23704

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Operating truck, automobile, and dog washing facility positioned at a signalized intersection with redevelopment possibilities.

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Multi-Parcels Development Land
Multi-Parcels Development Land

3637 Kenny Lane, Portsmouth, VA 23703

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3.70 AC lot

3.7-acre site with mixed residential and B-2 general commercial zoning for flexible development planning.

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Commercial Land Near Rivers Casino
Commercial Land Near Rivers Casino

3335 Victory Blvd, Portsmouth, VA

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0.82 AC lot

Commercial land in Portsmouth, near casino, college, and residential area.

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Commercial Land with Frontage
Commercial Land with Frontage

3923 Victory Blvd, Portsmouth, VA 23701

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1.03 AC lot

Commercial land with full access and multiple ingress/egress points, plus convenient connections to two signalized intersections.

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Downtown Redevelopment Land Assemblage
Downtown Redevelopment Land Assemblage

817 High St, Portsmouth, VA 23704

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Multiple parcels with over 20,000 sq ft of existing buildings and adjacent land for parking and potential redevelopment.

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GMU-Zoned Commercial Land
GMU-Zoned Commercial Land

4054 Victory Blvd, Portsmouth, VA 23701

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Commercial land within Victory Shopping Center in central Portsmouth, near Rivers Casino.

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Commercial Land Zoned NMU
Commercial Land Zoned NMU

1609 High St, Portsmouth, VA 23704

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Land ideal for retail, office, or mixed commercial use.

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Corner Lot Ideal for Retail
Corner Lot Ideal for Retail

240 Beazley Dr, Portsmouth, VA 23701

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Corner lot suitable for retail development.

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Commercial Land For Sale
Commercial Land For Sale

Afton Pkwy & Farragut St, Portsmouth, VA 23702

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4,430 sqft

Commercial land available for sale.

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Land Ideal for Office/Retail
Land Ideal for Office/Retail

3509 Towne Point Rd, Portsmouth, VA

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1.07 AC lot

Commercial land with immediate access to major routes.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

B1-Zoned Commercial Land
B1-Zoned Commercial Land

1200 George Washington Highway N, Chesapeake, VA 23323

$400,000
56,933 sqft 1.31 AC lot

Commercial site with frontage on George Washington Highway N and Canal Drive.

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Prime Norfolk Acreage For Sale
Prime Norfolk Acreage For Sale

745 Granby St, Norfolk, VA 23510

Contact for pricing
39,037 sqft 1.00 AC lot

One-acre site in Norfolk's NEON Arts District.

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Cleared Urban Development Lot
Cleared Urban Development Lot

439 Granby Street, Norfolk, VA 23510

$425,000
0.06 AC lot

Cleared commercial land with D-3 zoning, surrounded by established buildings, restaurants, and local businesses.

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B1 Zoned Commercial Land
B1 Zoned Commercial Land

960 Canal Dr, Chesapeake, VA 23323

Contact for pricing
0.60 AC lot

Commercial land for sale with B1 zoning and a reported traffic count of 21,000.

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Portsmouth, VA Commercial Land Market Trends and Statistics

Explore 14 commercial land for sale in Portsmouth, VA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 391,356 square feet of properties for sale, with an estimated market value of $735,000.

Sale prices for commercial lots in Portsmouth, VA start at $135,000, averaging $245,000, and reaching up to $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 19
Residential land & home lots 10
Industrial land 3
Agricultural land / Farmland 1
Waterfront Land 1

Demographics Overview

Population 97K
Population Growth (5Y) -6.7%
Median Household Income $59,342
College Educated 29.1%

High-Yield Neighborhoods for Investment

Identify Portsmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23704 $145K
23707 $300K
23701 $350K

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $16.32 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Portsmouth city

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Portsmouth city

Retail

Property Size Breakdown

The majority of commercial real estate listings in Portsmouth fall within the under-1-acre range.

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