Portsmouth, VA
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    Portsmouth, VA Parking Lots & Garages for Sale

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    Chesapeake, VA Norfolk, VA Suffolk, VA
    Retail Building Car Sales Lot
    $425,000
    Retail Building Car Sales Lot

    4301 Portsmouth Blvd, Portsmouth, VA 23701

    Retail building currently used as a car sales lot.
    • Flexible GMU zoning allows for a wide range of office, retail, and service uses.
    • Located at a signalized intersection with access from two major roads.
    • Currently operating as a used car sales lot, permitted by right.
    • Ability to park 40+ cars.
    • Available immediately.
    Updated: Mar 6
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    Victory Boulevard Corridor Land
    Contact for pricing
    35,146 SF
    Victory Boulevard Corridor Land

    2880 Airline Blvd, Portsmouth, VA

    Centrally located land near Rivers Casino with high traffic.
    • High Traffic Location: 21,000 Vehicles Per Day (VPD)
    • Strategic Location: Corner of Airline Boulevard and City Park Avenue in the Victory Boulevard corridor
    • Proximity to Entertainment: One mile from new Rivers Casino
    • Favorable Zoning: Zoned GMU
    • Economic Incentives: Virginia Enterprise Zone
    Updated: Feb 7, 2025
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    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 2 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Property in Elizabeth City
    $700,000
    0.76 Acres
    Commercial Property in Elizabeth City

    Commercial property suitable for car repair or future development.

    425 Sam Davis Street, Elizabeth City, NC 27909

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    Leased Office Building with Garages
    $325,000
    4,408 SF
    Leased Office Building with Garages

    Turn-key, fully leased office building with garage bays for sale.

    1283 N King Street, Hampton, VA 23669

    View details
    Used Car Dealership For Sale
    $350,000
    0.65 Acres
    Used Car Dealership For Sale

    Used car dealership with service shop in high-traffic area.

    1331 N Road St, Elizabeth City, NC 27909

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    Turn-Key Leased Office Building
    $325,000
    4,408 SF
    Turn-Key Leased Office Building

    A fully leased office building with dedicated garage bays for a small business ownership opportunity.

    1283 N King Street, Hampton, VA 23669

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flat Open Parcel For Sale
    Contact for pricing
    2,500 SF
    Flat Open Parcel For Sale

    2500 square foot parcel ideal for storage or investment.

    073-0760 Boston St, Hopewell, VA 23860

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    Non-Buildable Lot in Prime Location
    Contact for pricing
    0.22 Acres
    Non-Buildable Lot in Prime Location

    Versatile lot for parking, storage, signage, or urban garden.

    BLAKE LN/BLAKE LN SERVICE RD, Fairfax, VA 22031

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    Cleared Waterfront Parcel on New River
    $1,031,000
    1.84 Acres
    Cleared Waterfront Parcel on New River

    Deep water parcel on New River, ideal for business venture.

    147 Old Bridge Street, Jacksonville, NC 28540

    View details
    Ocean View Condo Development Opportunity
    $5,000,000
    0.69 Acres
    Ocean View Condo Development Opportunity

    Land with approved plans for 24 ocean-view condos.

    341 East Oak Avenue, Wildwood, NJ 8260

    View details

    Off-Market Properties in Portsmouth, VA

    Consider similar Off-Market properties in Portsmouth, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3712 Adams St
    PARKING GARAGE, PARKING STRUCTURE
    400 SF Lot: 0.74 Acres
    Value Estimation by Request

    3712 Adams St, Portsmouth, VA 23703-2439

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    2915 Ballard Ave
    PARKING GARAGE, PARKING STRUCTURE
    1,500 SF Lot: 0.43 Acres
    Value Estimation by Request

    2915 Ballard Ave, Portsmouth, VA 23701-2719

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    4117 Portsmouth Blvd
    PARKING GARAGE, PARKING STRUCTURE
    3,650 SF Lot: 0.51 Acres
    Estimated value
    $660,000

    4117 Portsmouth Blvd, Portsmouth, VA 23701-2915

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    915 Queen St
    PARKING GARAGE, PARKING STRUCTURE
    5,000 SF Lot: 0.11 Acres
    Value Estimation by Request

    915 Queen St, Portsmouth, VA 23704-3327

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    475 Water St
    PARKING GARAGE, PARKING STRUCTURE
    78,302 SF Lot: 1.72 Acres
    Value Estimation by Request

    475 Water St, Portsmouth, VA 23704-3819

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    911 Queen St
    PARKING GARAGE, PARKING STRUCTURE
    2,500 SF Lot: 0.06 Acres
    Value Estimation by Request

    911 Queen St, Portsmouth, VA 23704-3327

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    2 Hbr Ct
    PARKING GARAGE, PARKING STRUCTURE
    283,764 SF Lot: 1.29 Acres
    Estimated value
    $8,260,000

    2 Hbr Ct, Portsmouth, VA 23704

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    2100 Columbia St
    PARKING GARAGE, PARKING STRUCTURE
    2,550 SF Lot: 0.17 Acres
    Value Estimation by Request

    2100 Columbia St, Portsmouth, VA 23704-2904

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    400 Cumberland Ave
    PARKING GARAGE, PARKING STRUCTURE
    6,760 SF Lot: 0.21 Acres
    Value Estimation by Request

    400 Cumberland Ave, Portsmouth, VA 23707-3224

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    5924 High W St
    PARKING GARAGE, PARKING STRUCTURE
    9,160 SF Lot: 0.86 Acres
    Estimated value
    $680,000

    5924 High W St, Portsmouth, VA 23703-4506

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    1821 County Stst
    PARKING GARAGE, PARKING STRUCTURE
    1,520 SF Lot: 0.11 Acres
    Value Estimation by Request

    1821 County Stst, Portsmouth, VA 23704-3033

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    1815 County Stst
    PARKING GARAGE, PARKING STRUCTURE
    2,300 SF Lot: 0.06 Acres
    Value Estimation by Request

    1815 County Stst, Portsmouth, VA 23704-3033

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    4350 Portsmouth Blvd
    PARKING GARAGE, PARKING STRUCTURE
    5,332 SF Lot: 0.62 Acres
    Value Estimation by Request

    4350 Portsmouth Blvd, Portsmouth, VA 23701-2540

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    917 Queen St
    PARKING GARAGE, PARKING STRUCTURE
    7,500 SF Lot: 0.17 Acres
    Value Estimation by Request

    917 Queen St, Portsmouth, VA 23704-3327

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    441 Middle St
    PARKING GARAGE, PARKING STRUCTURE
    166,700 SF Lot: 1.05 Acres
    Estimated value
    $9,440,000

    441 Middle St, Portsmouth, VA 23704-2803

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    1228 Wirt Ave
    PARKING GARAGE, PARKING STRUCTURE
    1,152 SF Lot: 0.06 Acres
    Value Estimation by Request

    1228 Wirt Ave, Portsmouth, VA 23704

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    425 Water St
    PARKING GARAGE, PARKING STRUCTURE
    166,364 SF Lot: 1.00 Acre
    Estimated value
    $4,065,000

    425 Water St, Portsmouth, VA 23704-3801

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    550 Water St
    PARKING GARAGE, PARKING STRUCTURE
    131,610 SF Lot: 0.64 Acres
    Estimated value
    $5,065,000

    550 Water St, Portsmouth, VA 23704

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    425 Water St
    PARKING GARAGE, PARKING STRUCTURE
    166,364 SF Lot: 1.00 Acre
    Estimated value
    $3,220,000

    425 Water St, Portsmouth, VA 23704-3801

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    2700 Victory Blvd
    PARKING GARAGE, PARKING STRUCTURE
    2,600 SF Lot: 0.88 Acres
    Value Estimation by Request

    2700 Victory Blvd, Portsmouth, VA 23702-1822

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    2525 Tyre Nck Rd
    PARKING GARAGE, PARKING STRUCTURE
    5,730 SF Lot: 0.44 Acres
    Value Estimation by Request

    2525 Tyre Nck Rd, Portsmouth, VA 23703

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    1500 Seaboard Ave
    PARKING GARAGE, PARKING STRUCTURE
    8,181 SF Lot: 35.13 Acres
    Estimated value
    $505,000

    1500 Seaboard Ave, Portsmouth, VA 23707-1800

    View details

    Portsmouth, VA Parking Lots & Garages Investment Opportunities Market Analysis

    Explore 31 parking lots & garages for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 35,146 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for parking garages in Portsmouth, VA start at $0.00, averaging $212,500, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 3
    Car washes 2
    Parking lots & garages 2
    Self service car washes 1

    Demographics Overview

    Population 97K
    Population Growth (5Y) -6.7%
    Median Household Income $59,342
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Portsmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23701 $425K

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $16.32 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Portsmouth city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Portsmouth fall within the 100,000+ square foot range.

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