53 Acres Commercial Development
15150 Benns Church Blvd Smithfield, VA
For Sale
Contact for pricing
53 acres entitled for 650,000+ SF commercial development.
Lot Size53.00 Acres
Days on Market1198
Property Features for 15150 Benns Church Blvd
General Information
Standard status
Active
Lot size
53.00 Acres
Property subtype
LAND
Listing Agency:
S.L. Nusbaum Realty Co - Corporate
(757) 237-7500
Listed By:
Chris Zarpas
(757) 237-7500
Source:
Moodyscre
Added: Apr 19, 2023
Changed: Jul 6
Last Checked: Jul 22 at 3:52AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
