$9,359,000 USD
804-508-7283
1909 Commerce Dr
Hampton, VA 23666
Coliseum Central
HIGHLIGHTS
- Well located site in Hampton Roads, offering proximity to major employment centers and daily.
- Close proximity to the Hampton Coliseum, Hampton Roads Convention Center, Peninsula Town Center, Coliseum Marketplace and more.
- Strong workforce and renter base driven by nearby military, aerospace, healthcare, and port-related employers.
- Situated in an Opportunity Zone within the Coliseum Central District.
OVERVIEW
Located along Commerce Drive with excellent access to I-64 and Mercury Boulevard, this 4.88 AC redevelopment site offers a compelling multifamily development opportunity in the heart of Hampton Roads. Zoned MD-4, the site allows multifamily by-right and is entitled for up to 382 units, positioning it as an ideal play for developers seeking scale in a high-demand submarket.
FOR SALE DETAILS
PRICE
$9,359,000 USD
PRICE/ACRE
$1,917,828/AC
PRICE/SF
$44 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Redevelopment Opportunity
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Mixed Use, Multi-Family, Apartment Units, Planned Unit Development, Storefront Retail/Residential
LAND ACRES
4.88 AC
LAND SF
212,573 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
MD-4
APN/PARCEL ID
7001267
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
804-508-7283
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
804-508-7283
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
