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15150 Benns Church Blvd - Benn's Grant 53 Acres of Commercial Land in Smithfield, VA 23430

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EXECUTIVE SUMMARY

53 Acres Fully Entitled for 650,000+ SF of New Commercial Development. Listed for sale at $275,000 per acre – Owner will subdivide, at a higher price per acre.
The property is fully entitled and approved for 650,000+ square feet of commercial space; the master site plan for which includes a retail shopping center with anchor and inline spaces, freestanding shops, and up to nine retail or office out parcels.
Cleared and level and currently or recently used for agriculture. Former borrow pits are configured as permanent lakes and form the stormwater management system for the entire 292-acre mixed-use development.
Water and sewer infrastructure is in place to serve the entire commercial property. Water main along Rt. 10 is installed and connected to City of Suffolk to the south. County is moving forward with a water tower to boost pressures in this area.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Neighborhood Center
Total Lot Size 53.00 AC
No. Stories 2
Zoning C-PD-MX

1 LOT AVAILABLE

Lot

Lot Size 53.00 AC

53 Acres Fully Entitled for 650,000+ SF of New Commercial Development. Listed for sale at $275,000 per acre – Owner will subdivide, at a higher price per acre.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-01-082
Land Assessment
$2,050,600
Improvements Assessment
$0
Total Assessment
$2,050,600
  • Listing ID: 25609598

  • Date on Market: 5/2/2022

  • Last Updated:

  • Address: 15150 Benns Church Blvd, Smithfield, VA 23430

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