53 Acres Commercial Development Land

15150 Benns Church Blvd, Smithfield, VA

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For Sale

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53 acres entitled for 650,000+ SF commercial development.

Type:LAND

Lot size:

53.00 Acres

HighLights

Fully entitled and approved for over 650,000 SF of commercial space.
53 Acres available, owner will subdivide.
Water and sewer infrastructure in place.
Master site plan includes retail shopping center, freestanding shops, and outparcels.
Cleared and level land.
Stormwater management system with permanent lakes.

We can help!

Listing Contact

Chris Zarpas

For Sale

Contact for pricing

53 acres entitled for 650,000+ SF commercial development.

Type:LAND

Lot size:

53.00 Acres

Added:: Apr 19, 2023
Days on Market:: 1153
Last Refresh:: May 19 at 9:01 pm

Property Features for 15150 Benns Church Blvd

General Information

Standard status: Active
Lot size: 53.00 Acres
Property subtype: LAND

We can help!

Listing Contact

Chris Zarpas

Listing agent Chris Zarpas

Listing office S.L. Nusbaum Realty Co - Corporate

Listing date Apr 19, 2023

Source Moodyscre

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 S.L. Nusbaum Realty Co - Corporate

HighLights

Fully entitled and approved for over 650,000 SF of commercial space.
53 Acres available, owner will subdivide.
Water and sewer infrastructure in place.
Master site plan includes retail shopping center, freestanding shops, and outparcels.
Cleared and level land.
Stormwater management system with permanent lakes.

Overview

This 53-acre property is fully entitled for over 650,000 square feet of new commercial development. It is listed for sale at $275,000 per acre, with the owner willing to subdivide at a higher price per acre. The approved master site plan includes a retail shopping center with anchor and inline spaces, freestanding shops, and up to nine retail or office out parcels. The land is cleared and level, having been recently or currently used for agriculture. Former borrow pits have been configured into permanent lakes, serving as the stormwater management system for the entire 292-acre mixed-use development. Water and sewer infrastructure is already in place to serve the entire commercial property. A water main along Route 10 is installed and connected to the city of Suffolk to the south. The county is moving forward with a water tower to boost water pressures in the area.

Property Profile Location Intelligence

Current Use by Public Records

Spring Grove Way Homestay

Suggested Use

Location Insight

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Local Demand

City: Smithfield
County: Isle of Wight
State: Virginia
Longitude: -76.5856
Latitude: 36.9317

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For sale
Land
VA
Smithfield
15150 Benns Church Blvd

What type of property is this?

Land - 53 acres entitled for 650,000+ SF commercial development.

Where is this land located?

The property is located at 15150 Benns Church Blvd Smithfield, VA.

What is the asking price?

The asking price for this property is $14,575,000.

What are key features of this property?

This property features: Fully entitled and approved for over 650,000 SF of commercial space.; 53 Acres available, owner will subdivide.; Water and sewer infrastructure in place.

15150 Benns Church Blvd, Smithfield, VA

53 acres entitled for 650,000+ SF commercial development.

Property Features for 15150 Benns Church Blvd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Historic Mixed-Use Victorian Property

Smithfield Commercial Opportunity For Sale

Commercial Land in Smithfield, VA

Creek Front Home Site

Lakefront Acreage in Smithfield, Virginia

Golf Course Lot Opportunity

Lakefront Acreage in Smithfield, Virginia

2.76-Acre Lot with Creek Views

Wooded Homesite in Upscale Community

Land in Desirable Smithfield Area

Private Lot in Rushmere Area

111 Acres in Smithfield, VA

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