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    3336 Victory Blvd Portsmouth, VA 23701

    Sponsored
    For Sale
    Contact for pricing

    Prime Corner Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23701 Portsmouth, Virginia commercial land parcel presents a unique opportunity for discerning developers. Located at 3336 Victory Blvd, this property boasts a highly desirable corner lot position, ensuring maximum visibility and accessibility for any future business. The site is zoned for restaurant, retail, or service-oriented development, offering a wide range of potential uses to suit various business models. Its strategic location within Portsmouth provides convenient access to major transportation routes and a thriving local community. The ample space allows for substantial building development, catering to a variety of project scales and designs. This is an ideal investment for those seeking a high-impact location with significant growth potential. The property's prime corner location guarantees excellent exposure to high traffic volume, attracting a large customer base. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to secure a prime piece of Portsmouth real estate. The property is situated at latitude 36.800657 and longitude -76.351355.

    Property Features for 3336 Victory Blvd

    General Information

    Property type
    Land

    HighLights

    • Corner lot ideal for commercial development.
    • Located at 3336 Victory Blvd, Portsmouth, VA 23701.
    • Zoned for restaurant, retail, or service businesses.
    • Commercial land parcel available.
    • Excellent location in Portsmouth, Virginia.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth City
    State
    Virginia
    Longitude
    -76.351355
    Latitude
    36.800657

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    FAQs

    What type of property is this?
    Land - Prime Corner Lot, High Visibility
    Where is this land located?
    The property is located at 3336 Victory Blvd Portsmouth, VA.
    What are key features of this property?
    This property features: Corner lot ideal for commercial development.; Located at 3336 Victory Blvd, Portsmouth, VA 23701.; Zoned for restaurant, retail, or service businesses.
    (757) 640-8210
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    3336 Victory Blvd Portsmouth, VA 23701
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    Portsmouth, VA 23701
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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
    3336 Victory Blvd Portsmouth, VA 23701
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