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    3330 County St Portsmouth, VA 23707

    Sponsored
    For Sale
    $550,000

    0.74-acre GMU zoned lot, $550,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.74-acre commercial land parcel presents a unique investment opportunity in Portsmouth, Virginia. Located at 3330 County St, zip code 23707, this property is zoned General Mixed Use (GMU), offering considerable flexibility for a variety of commercial developments. The strategic location provides excellent accessibility and visibility, situated near Bon Secours Maryview Medical Center. The lot's size allows for substantial building potential, catering to diverse business needs. This prime location benefits from its designation within both a HUBZone and a Virginia Enterprise Zone, potentially unlocking significant tax incentives and economic advantages for qualified businesses. The asking price for this highly desirable property is $550,000. Detailed zoning information and development possibilities are readily available upon request. This is an exceptional chance to acquire a well-situated commercial land parcel in a thriving area of Portsmouth, offering significant potential for growth and return on investment. The property's latitude and longitude coordinates are 36.833113 and -76.342947 respectively. Don't miss this opportunity to secure a valuable asset in a dynamic market.

    Property Features for 3330 County St

    General Information

    Property type
    Land
    Lot Size
    32,234 SF

    HighLights

    • 0.74‑acre commercial land parcel in Portsmouth, VA (zip code 23707) for $550,000.
    • Zoned General Mixed Use (GMU), offering flexible development options.
    • Excellent accessibility and visibility, near Bon Secours Maryview Medical Center.
    • Located in a HUBZone and Virginia Enterprise Zone, offering potential tax incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth City
    State
    Virginia
    Longitude
    -76.342947
    Latitude
    36.833113

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    FAQs

    What type of property is this?
    Land - 0.74-acre GMU zoned lot, $550,000
    Where is this land located?
    The property is located at 3330 County St Portsmouth, VA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 0.74-acre commercial land parcel in Portsmouth, VA (zip code 23707) for $550,000.; Zoned General Mixed Use (GMU), offering flexible development options.; Excellent accessibility and visibility, near Bon Secours Maryview Medical Center.
    (757) 640-9290
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    3330 County St Portsmouth, VA 23707
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    Portsmouth, VA 23707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3330 County St Portsmouth, VA 23707
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