Commercial

Portsmouth, VA Commercial Land for Sale

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Zoned IN Commercial Industrial Land
Updated: Jul 10
Zoned IN Commercial Industrial Land

2301 Frederick Boulevard, Portsmouth, VA 23704

$135,000
1‑acre commercial lot on highly traveled Frederick Boulevard, directly adjacent to Bayside Harley‑Davidson
Zoned IN
Existing driveway entrance along the south side of the lot
Includes existing concrete slabs from previous structures that may support future development
Waterfront feature listed as Waterfront
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Land For Sale, Portsmouth, VA
Updated: Sep 30, 2025
Land For Sale, Portsmouth, VA

21 Radford Street, Portsmouth, VA 23701

$60,000
0.17 AC lot
Waterfront Features: Waterfront
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Vacant Lot Near I-264
Vacant Lot Near I-264

1403 Pulaski Street, Portsmouth, VA 23704

Contact for pricing
0.06 AC lot

Vacant 0.1-acre lot zoned for urban residence near I-264.

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Vacant Commercial Lot Near Major Retail
Vacant Commercial Lot Near Major Retail

4100 Missy Elliott Boulevard, Portsmouth, VA 23701

$350,000
0.54 AC lot

Vacant parcel near I-264 with nearby big-box retail and a bus stop across the street.

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Corner Lot Zoned NMU
Corner Lot Zoned NMU

1429 Chestnut Street, Portsmouth, VA 23704

$42,000
0.06 AC lot

Corner commercial lot in NMU zoning that may be eligible for a single-family variance, subject to approval.

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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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Redevelopment Opportunity on High Street
Redevelopment Opportunity on High Street

823 High St, Portsmouth, VA

$950,000
21,000 sqft 1.06 AC lot

Corner lot suitable for redevelopment with multiple potential uses.

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Commercial Land Near Rivers Casino
Commercial Land Near Rivers Casino

3335 Victory Blvd, Portsmouth, VA

$600,000
0.82 AC lot

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

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Commercial Land Available For Sale
Commercial Land Available For Sale

1601 Marshall Avenue, Portsmouth, VA 23704

$1,700,000
249,991 sqft 5.74 AC lot

Large commercial land parcel available for sale.

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3.49 Acres Vacant Land
3.49 Acres Vacant Land

3101 Detroit St, Portsmouth, VA

$300,000
3.49 AC lot

Vacant land suitable for development with easy access to amenities.

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Cleared Site Ready for Development
Cleared Site Ready for Development

3622 George Washington Hwy, Portsmouth, VA

$139,000
0.45 AC lot

0.45 acre cleared site zoned for mixed use development.

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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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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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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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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 15 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.

Commercially Zoned Land For Sale
Commercially Zoned Land For Sale

1200 George Washington Highway N, Chesapeake, VA 23323

$400,000
56,933 sqft 1.31 AC lot

1.31 acre commercially zoned land with high visibility.

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Granby Street Vacant Lot
Granby Street Vacant Lot

439 Granby Street, Norfolk, VA 23510

$425,000
0.06 AC lot

Cleared 2,627 sq. ft. lot in Downtown Norfolk.

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Downtown Norfolk Land Opportunity
Downtown Norfolk Land Opportunity

430 Granby St, Norfolk, VA

$750,000
0.11 AC lot

Land for sale in the heart of Downtown Norfolk.

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Chesapeake Commercial Land Opportunity
Chesapeake Commercial Land Opportunity

Camelot Blvd, Chesapeake, VA

$250,000
0.68 AC lot

Prime B2 zoned parcel in a strategic Chesapeake location.

View details

Portsmouth, VA Commercial Land Market Trends and Statistics

Explore 15 commercial land for sale in Portsmouth, VA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 270,991 square feet of properties for sale, with an estimated market value of $2,650,000.

Sale prices for commercial lots in Portsmouth, VA start at $950,000, averaging $1,325,000, and reaching up to $1,700,000 — 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 20
Residential land & home lots 2
Industrial land 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
23701 $60K
23704 $510.5K

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)

Property Size Breakdown

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

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