Listing Agency: Wainwright Real Estate

Listed By: Jeff Jones · License #VA

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:15PM

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Investment Insights

Based on property information with market context.

This land parcel is offered together with two additional lots, creating a combined 3-acre assemblage. The property does not include air rights and is not currently a residential buildable lot.

Any future building plan would require the new owner to buy back the air rights from the government. Buyers should contact the City of Virginia Beach with questions regarding the property’s development status and air-rights requirements.

Key Highlights

• 1‑acre lot offered with two additional lots
• Combined lots total 3 acres
• Property does not have air rights

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

234

Businesses Nearby

Explore this area Business Placement

Demographics for 23451, VA

44,879

Population

24,897

Households

1.8

Avg Household Size

41

Median Age

57%

College-Educated

97%

High-School Grad

19.8 sq mi

ZIP Area

2,267

Density / Sq Mi

$97,945

Median Household Income

$57,472

Median Earnings

$1,697

Median Rent

$591,300

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Offered with two additional lots as part of a combined tract.

Where is this land located?

The property is located at Lot 2 Gregory Ln Virginia Beach, VA.

What are key features of this property?

This property features: 1‑acre lot offered with two additional lots; Combined lots total 3 acres; Property does not have air rights