This Land Property is no longer advertised on LoopNet.com.

1276 Baker Rd
Virginia Beach, VA 23455
2 Phase 524 unit Multi Family · Land For Sale · 6.98 AC

Investment Highlights

  • Great location - close to Interstate and between downtown Norfolk and Virginia Beach
  • High transient demographics

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 6.98 AC
Zoning A-36 - A-36 Zoning district.

Description

The proposed two phase 524 unit project has been rezoned and has received site plan approval. The site is located in an Opportunity Zone which allows investors to receive tax benefits when they invest unrealized capital gains into Opportunity Zone funds for a minimum of 5 years. The project is comprised of 2-Four story wrap around mid-rise buildings

  • Listing ID: 28530759

  • Date on Market: 5/19/2023

  • Last Updated:

  • Address: 1276 Baker Rd, Virginia Beach, VA 23455

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