Commercial Development Land
1481 Effingham Street, Portsmouth, VA 23704
New
Highly visible 2.2-acre site with direct I-264 on/off access along a high-traffic corridor.
Type:Land
Lot size:
2.20 Acres- Added:
- Jun 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 3 at 2:39 am
Property Features for 1481 Effingham Street
General Information
- Standard status
- Active
- Lot size
- 2.20 Acres
- Property subtype
- Land
Listing agent Levi Thomson (757) 675-9132
Listing office Divaris Real Estate - Hampton Roads (757) 675-9132
Listing date Jun 1, 2026
Source Divaris
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 Divaris Real Estate - Hampton Roads
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
- Immediate on/off access to I‑264 for direct interstate connectivity
- Within 0.5 miles of Downtown Portsmouth, 0.6 miles to Norfolk Naval Shipyard, and 1.0 mile to Naval Medical Center Portsmouth
- Zoned D1‑T6
Overview
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.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Portsmouth
- State
- Virginia
- Longitude
- -76.306377
- Latitude
- 36.827283
Nearby Similar for Sale
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
