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    Portsmouth, VA
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    Portsmouth, VA Residential Land & Home Lots for Sale

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    LAND - Portsmouth, VA
    Updated: Jun 5
    LAND - Portsmouth, VA

    5214 W High Street, Portsmouth, VA 23703

    $175,000
    1.50 AC lot
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    Residential Development Lot Opportunity
    Updated: Jun 2
    Residential Development Lot Opportunity

    3601 Polk St, Portsmouth, VA 23703

    Contact for pricing
    0.14 AC lot
    .14‑acre residential land lot for sale in Portsmouth
    Land suited for building a new home or investment property
    Conveniently located near shopping, schools, and commuter routes
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    Adjacent Vacant Residential Lots
    Adjacent Vacant Residential Lots

    311 Dinwiddie St, Portsmouth, VA 23704

    $139,900

    Two side-by-side vacant lots are offered together, with HR zoning allowing multifamily residential subject to approvals.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Adjacent Vacant Development Lots
    Adjacent Vacant Development Lots

    313 Dinwiddie St, Portsmouth, VA 23704

    $139,900

    Two side-by-side vacant lots are offered together, with Historic Residential zoning supporting multifamily development subject to approvals.

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    Adjacent Buildable Lots for Sale
    Adjacent Buildable Lots for Sale

    3001 Smithfield Rd, Portsmouth, VA 23702

    $75,000

    Two adjacent buildable lots are being offered together, totaling approximately 200 x 120 of frontage.

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    Adjacent Buildable Lots
    Adjacent Buildable Lots

    3003 Smithfield Rd, Portsmouth, VA 23702

    $75,000

    Two adjacent buildable lots are offered together with an approximate combined frontage of 200 by 120.

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    Multi-Parcels Development Land
    Multi-Parcels Development Land

    3637 Kenny Lane, Portsmouth, VA 23703

    Contact for pricing
    3.70 AC lot

    3.7-acre site with mixed residential and B-2 general commercial zoning for flexible development planning.

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    Portsmouth Lot in Established Neighborhood
    Portsmouth Lot in Established Neighborhood

    118B Maupin Ave, Portsmouth, VA 23702

    Contact for pricing

    Lot in established neighborhood with flexible owner terms.

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    Land
    Land

    3917 South St, Portsmouth, VA 23707

    Contact for pricing

    Residential land & home lots

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Cleared Residential Land Parcel
    Cleared Residential Land Parcel

    1007 Tunstall Ave, Norfolk, VA 23504

    $60,000
    0.08 AC lot

    Cleared vacant lot zoned R-11, suitable for building a single-family residence.

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    LAND - Chesapeake, VA
    LAND - Chesapeake, VA

    2610 Elkhart Street, Chesapeake, VA 23323

    $450,000
    0.56 AC lot

    Land · 0.56 Acres

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    Land
    Land

    2610 Elkhart St, Chesapeake, VA 23323

    $450,000

    Residential land & home lots

    View details
    LAND - Norfolk, VA
    LAND - Norfolk, VA

    422 Clifton Street, Norfolk, VA 23523

    $30,000
    0.07 AC lot

    Land · 0.07 Acres

    View details

    Portsmouth, VA Residential Land & Home Lots Market Trends and Statistics

    Explore 9 residential land & home lots for sale in Portsmouth, VA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 232,610 square feet of properties for sale, with an estimated market value of $604,800.

    Sale prices for home sites in Portsmouth, VA start at $75,000, averaging $120,960, and reaching up to $175,000 — 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

    Commercial land 19
    Residential land & home lots 8
    Industrial land 3

    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
    23704 $139.9K
    23703 $175K

    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 under-1-acre range.

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    Most Searched ZIP Codes in Portsmouth, VA

    • 23702
    • 23703
    • 23704
    • 23707

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