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Portsmouth, VA Land for Sale

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Adjacent Vacant Land Parcels
Updated: Jul 14
Adjacent Vacant Land Parcels

311 Dinwiddie Street, Portsmouth, VA 23704

$139,900
0.07 AC lot
Two adjacent vacant lots sold together: 311 & 313 Dinwiddie St
Historic Olde Towne Portsmouth lots; HR (Historic Residential) zoning district permits multifamily residential development subject to approvals
Navigable waterfront/river frontage with “River Front” and “Navigable Water” features
Utilities available: public water and public sewer
Buyer to verify permitted uses and development requirements with the City of Portsmouth
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Adjacent Development Lots
Updated: Jul 14
Adjacent Development Lots

313 Dinwiddie Street, Portsmouth, VA 23704

$139,900
0.07 AC lot
Two adjacent vacant lots sold together: 313 & 311 Dinwiddie St
Historic Olde Towne Portsmouth property in HR (Historic Residential) zoning district
City Planning advised HR zoning permits multifamily residential development, subject to city approvals and historic district/site plan review
Public water available and public sewer available
Location just minutes from Naval Medical Center Portsmouth and Norfolk Naval Shipyard
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Zoned IN Commercial Industrial Land
Zoned IN Commercial Industrial Land

2301 Frederick Boulevard, Portsmouth, VA 23704

$135,000

Commercial/industrial land zoned IN with a south-side driveway and existing concrete slabs on Frederick Boulevard.

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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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Waterfront Lot in Portsmouth, VA
Waterfront Lot in Portsmouth, VA

1513 Bradford Terrace, Portsmouth, VA 23704

$199,500

Buildable waterfront lot with views of Norfolk skyline and harbor.

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Land For Sale, Portsmouth, VA
Land For Sale, Portsmouth, VA

21 Radford Street, Portsmouth, VA 23701

$60,000
0.17 AC lot

Land available in Portsmouth, sold as is.

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Vacant Lot Near I-264
Vacant Lot Near I-264

1403 Pulaski Street, Portsmouth, VA 23704

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0.06 AC lot

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

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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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Vacant Land in Siesta Gardens
Vacant Land in Siesta Gardens

5302 High Street, Portsmouth, VA 23703

$49,999
0.42 AC lot

Wooded 0.418-acre lot backing to creek and school.

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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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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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LAND - Portsmouth, VA
LAND - Portsmouth, VA

5214 W High Street, Portsmouth, VA 23703

$175,000
1.50 AC lot

Land · 1.50 Acres

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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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Land in Enterprise Zone
Land in Enterprise Zone

3330 County St, Portsmouth, VA 23707

$550,000

Land located in HUB and VA Enterprise Zone.

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Elm Avenue Land Opportunity
Elm Avenue Land Opportunity

3971-3975 Elm Ave, Portsmouth, VA

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6.21 AC lot

Land available on Elm Avenue in Portsmouth, Virginia.

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Land with Frontage on Victory
Land with Frontage on Victory

3923 Victory Blvd, Portsmouth, VA

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1.03 AC lot

Land available for rent with existing building and road access.

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Redevelopment Opportunity on Victory Blvd
Redevelopment Opportunity on Victory Blvd

3910 Victory Blvd, Portsmouth, VA 23701

$1,250,000

Land available for redevelopment on Victory Blvd, Portsmouth, VA.

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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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Portsmouth, VA Land Market Trends and Statistics

Explore 33 land for sale in Portsmouth, VA, showcased through 26 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 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
23703 $112.5K
23704 $448.3K
23707 $550K
23701 $655K

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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