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17305 Warwick Blvd
Newport News, VA 23603
R7-Zoned Residential/Multifamily Development · Land For Sale
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1.53 AC
Investment Highlights
- Excellent redevelopment opportunity for residential product as encouraged by the municipality.
- Grandfathered use allows for an automotive operator.
- Perfect site for multi-family, townhome, apartments, or general residential use.
- Located at signalized intersection near Interstate 64.
Property Facts
Description
This offering is a rare find! The property is zoned R7 Medium Density with the City of Newport News. It currently consists of multiple commercial buildings that are used primarily for ownership storage and as an automotive service center. An automotive operator could use some of the existing structures under a grandfathered right with the city. The future development of this location is slated for Multi-Family residences! Situated at a signalized corner near interstate I-64 this site would be ideal for developers seeking to erect apartments or town homes. The property is priced to move!
Property Taxes
| Parcel Number | 026.00-02-16 | Improvements Assessment | $143,900 |
| Land Assessment | $183,300 | Total Assessment | $327,200 |
Property Taxes
Parcel Number
026.00-02-16
Land Assessment
$183,300
Improvements Assessment
$143,900
Total Assessment
$327,200
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