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    2880 Airline Blvd Portsmouth, VA 23707

    For Sale
    Contact for pricing

    Centrally located land near Rivers Casino with high traffic.

    Property size:
    35,146 SF
    Lot size:
    3.86 Acres

    Property Features for 2880 Airline Blvd

    General Information

    Size
    35,146 SF
    Lot size
    3.86 Acres

    Source: Global Real Estate Investment, Inc. Agent Michael P Zarpas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Victory Boulevard Corridor Land

    Located at the corner of Airline Boulevard and City Park Avenue, this property is situated in the Victory Boulevard corridor. The site benefits from its central location and proximity to the new Rivers Casino, which is one mile away. The property is zoned GMU and is located within a Virginia Enterprise Zone. Traffic counts reach 21,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Boulevard Bingo Bingo Hall

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Budget Truck Rental, U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer, U-Save Car & Truck Rental - Portsmouth

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.3693657
    Latitude
    36.8103191

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    FAQs

    What type of property is this?
    Parking lot & garage - Centrally located land near Rivers Casino with high traffic.
    Where is this parking lot & garage located?
    The property is located at 2880 Airline Blvd Portsmouth, VA.
    What are key features of this property?
    This property features: - High Traffic Location: 21,000 Vehicles Per Day (VPD); - Strategic Location: Corner of Airline Boulevard and City Park Avenue in the Victory Boulevard corridor; - Proximity to Entertainment: One mile from new Rivers Casino
    (757) 286-1783
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    2880 Airline Blvd Portsmouth, VA 23707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2880 Airline Blvd Portsmouth, VA 23707
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