Listing Agency: Harvey Lindsay Commercial Real Estate

Listed By: Ryan King · License #VA Show Phone

Source: Crexi

Added: Mar 4, 2025 Changed: Aug 26 Last Checked: Aug 31 at 8:54PM

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Investment Insights

Based on property information with market context.

This commercial land is zoned NMU (Neighborhood Mixed Use), making it suitable for retail, office, or general mixed commercial purposes.

Key Highlights

• Zoned NMU (Neighborhood Mixed Use)
• Ideal for Retail
• Ideal for Office

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Law Firm Dental Office

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

472

Businesses Nearby

Explore this area Business Placement

Demographics for 23704, VA

19,505

Population

9,538

Households

2

Avg Household Size

36

Median Age

22%

College-Educated

86%

High-School Grad

4.5 sq mi

ZIP Area

4,334

Density / Sq Mi

$44,739

Median Household Income

$34,488

Median Earnings

$1,279

Median Rent

$197,400

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Land ideal for retail, office, or mixed commercial use.

Where is this commercial land located?

The property is located at 1609 High St Portsmouth, VA.

What are key features of this property?

This property features: Zoned NMU (Neighborhood Mixed Use); Ideal for Retail; Ideal for Office