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Non-Buildable Land Lot with Restriction
For Sale
Contact for pricing
Pending

Lot 1 Gregory Ln, Virginia Beach, VA 23451

Lot sold with two related lots to total three acres, with no air rights currently available for residential building.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market124

Property Features for Lot 1 Gregory Ln

General Information

Standard status Pending
Lot size 1.00 Acre
Property subtype Land
Listing Agency: Wainwright Real Estate
Listed By: Jeff Jones · License #VA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 4:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wainwright Real Estate

Investment Insights

Based on property information with market context.

This is a one-acre land lot offered for sale that must be sold together with MLS #10422001 and MLS #10421999. Combined, the three lots equal three acres. The property does not have air rights and is not currently a residential buildable lot.

A new owner would need to purchase back the air rights from the government to build. Interested buyers are encouraged to contact the city with any questions regarding the air rights process and development feasibility.

The offering is structured as a coordinated sale with the two companion listings, and the total site size is the combined three-acre assemblage.

Key Highlights

  • One‑acre lot sold together with MLS #10422001 and MLS #10421999
  • Combined total of 3 acres across the related lots
  • No air rights currently available for residential building

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 23451, VA

44,879
Population
24,897
Households
1.8
Avg Household Size
41
Median Age
57%
College-Educated
97%
High-School Grad
19.8 sq mi
ZIP Area
2,267
Density / Sq Mi
$97,945
Median Household Income
$57,472
Median Earnings
$1,697
Median Rent
$591,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Lot sold with two related lots to total three acres, with no air rights currently available for residential building.
Where is this residential land & home lot located?
The property is located at Lot 1 Gregory Ln Virginia Beach, VA.
What are key features of this property?
This property features: One‑acre lot sold together with MLS #10422001 and MLS #10421999; Combined total of 3 acres across the related lots; No air rights currently available for residential building
More about this property
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