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



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.
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
1 LOT AVAILABLE
Lot
| Lot Size | 53.00 AC |
| 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
| Parcel Number | 32-01-082 | Improvements Assessment | $0 |
| Land Assessment | $2,050,600 | Total Assessment | $2,050,600 |
PROPERTY TAXES
Parcel Number
32-01-082
Land Assessment
$2,050,600
Improvements Assessment
$0
Total Assessment
$2,050,600
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15150 Benns Church Blvd - Benn's Grant
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