Commercial Development Land
1481 Effingham Street Portsmouth, VA 23704
1481 Effingham Street, Portsmouth, VA, 23704
$300,000
For Sale
$300,000
Highly visible 2.2-acre site with direct I-264 on/off access along a high-traffic corridor.
Lot Size2.20 Acres
Days on Market48
Property Features for 1481 Effingham Street
General Information
- Standard status
- Active
- Lot size
- 2.20 Acres
- Property subtype
- Land
Listing Agency
Divaris Real Estate - Hampton Roads
(757) 675-9132
Listed by
Levi Thomson
(757) 675-9132
Source
Divaris
Added: Jun 1 Checked: Jul 17 at 4:24 am
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Investment Insights
Based on property information with market context.
Prime 2.2-acre commercial land parcel offers exceptional visibility and strong development upside due to its direct, practical access. The site features approximately 231 feet of frontage along Effingham Street and provides immediate on/off connectivity to I-264, positioning it well for users seeking convenient regional access.
Located at the foot of the I-264 on/off ramp along Effingham Street in Portsmouth, the property sits within close proximity to major daytime and weekend destinations. It is less than 0.5 miles from Downtown Portsmouth, 0.6 miles from the Norfolk Naval Shipyard, and 1.0 mile from the Naval Medical Center Portsmouth. Reported traffic counts include 30,600 VPD on Effingham Street and 65,400 VPD on I-264, supporting a corridor with consistent exposure for retail, service, or other development concepts.
Zoned D1-T6, the parcel may be suited for a range of commercial development opportunities, subject to permitted uses and site plan requirements. With direct interstate access and prominent frontage, it is a compelling option for investors and developers looking to capitalize on a high-traffic, well-connected location in a central Portsmouth employment and visitor area.
Located at the foot of the I-264 on/off ramp along Effingham Street in Portsmouth, the property sits within close proximity to major daytime and weekend destinations. It is less than 0.5 miles from Downtown Portsmouth, 0.6 miles from the Norfolk Naval Shipyard, and 1.0 mile from the Naval Medical Center Portsmouth. Reported traffic counts include 30,600 VPD on Effingham Street and 65,400 VPD on I-264, supporting a corridor with consistent exposure for retail, service, or other development concepts.
Zoned D1-T6, the parcel may be suited for a range of commercial development opportunities, subject to permitted uses and site plan requirements. With direct interstate access and prominent frontage, it is a compelling option for investors and developers looking to capitalize on a high-traffic, well-connected location in a central Portsmouth employment and visitor area.
Key Highlights
- 2.2‑acre parcel with direct frontage along Effingham St at the I‑264 on/off ramp in Portsmouth, VA
- High traffic counts: Effingham St at 30,600 VPD and I‑264 at 65,400 VPD
- 231 ft of direct frontage on Effingham St with excellent visibility
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Highly visible 2.2-acre site with direct I-264 on/off access along a high-traffic corridor.
Where is this commercial land located?
The property is located at 1481 Effingham Street Portsmouth, VA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2.2‑acre parcel with direct frontage along Effingham St at the I‑264 on/off ramp in Portsmouth, VA; High traffic counts: Effingham St at 30,600 VPD and I‑264 at 65,400 VPD; 231 ft of direct frontage on Effingham St with excellent visibility
