4028 Cedar Ln Portsmouth, VA 23703
- Commercial real estate
- 0.62 lot acres
Current Use by Public Records
- Med 1 / Ambulance Service
- American Lifeline Medical Transport Inc / Corporate Office
Property Details for 4028 Cedar Ln
- Lot size
- 0.62 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.62-acre parcel of land presents a unique investment opportunity in the desirable city of Portsmouth, Virginia. Located at 4028 Cedar Lane, this property offers significant potential for a variety of development projects. The expansive lot provides ample space for creative design and construction, catering to diverse needs and visions. Its location within Portsmouth offers convenient access to local amenities, transportation routes, and a vibrant community. The property's zoning classification (not specified in provided data) will need to be verified by the prospective buyer to determine allowable uses. This is a blank canvas for a developer or investor seeking to capitalize on the growing real estate market in this area. The asking price of $250,000 represents a compelling entry point into the Portsmouth market, offering a strong return on investment potential. Serious inquiries are encouraged to explore the possibilities this property offers. Due diligence is recommended to confirm all aspects of the property's suitability for intended use. The absence of square footage information in the provided data highlights the flexibility this land offers for custom development. This is an exceptional opportunity to acquire a substantial piece of land in a thriving Virginia city. Act quickly, as properties of this size and potential are rarely available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- PORTSMOUTH
- State
- Virginia
- Longitude
- -76.37842
- Latitude
- 36.87826
