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1737 Virginia Beach Blvd - High traffic Va.Beach Blvd and First Colonial 0.69 Acres of Commercial Land Offered at $750,000 in Virginia Beach, VA 23454



INVESTMENT HIGHLIGHTS
- Heavy daily traffic corridor
- 150 ft frontage on Va.Beach Blvd
EXECUTIVE SUMMARY
*** PRICED TO SELL*** A prime piece of commercial vacant land is now available for development in Virginia Beach, Virginia. The property is located on Virginia Beach Boulevard, south of the Hilltop Commercial District, with easy direct access to the resort district. It’s near the intersection of First Colonial Road with stoplight and has easy access to Interstate 264 on-ramps. The property is zoned commercially, making it suitable for a variety of uses, including retail, mixed-use, commercial storage units, and office buildings. With its heavy daily commercial traffic, this property is a prime location for any business looking to expand or relocate.
Key Selling Points
Prime location on Virginia Beach Boulevard
Zoned commercially
Suitable for a variety of uses
Heavy daily commercial traffic
Easy access to Interstate 264
Close to Naval Air Station Oceana (subject to restrictions from aircraft noise)
City has recently widened and improved Virginia Beach Boulevard in that area
Target Audience: Retail businesses; Mixed-use developers; Commercial storage unit operators, Warehouse and Delivery, Office building developers
Signage on the property
Key Selling Points
Prime location on Virginia Beach Boulevard
Zoned commercially
Suitable for a variety of uses
Heavy daily commercial traffic
Easy access to Interstate 264
Close to Naval Air Station Oceana (subject to restrictions from aircraft noise)
City has recently widened and improved Virginia Beach Boulevard in that area
Target Audience: Retail businesses; Mixed-use developers; Commercial storage unit operators, Warehouse and Delivery, Office building developers
Signage on the property
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$12,000
|
$17,391.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$12,000
|
$17,391.30
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $12,000 |
| Annual Per AC | $17,391.30 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $12,000 |
| Annual Per AC | $17,391.30 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $750,000 | Lot Size | 0.69 AC |
| Price Per AC | $1,086,956.52 |
| Price | $750,000 |
| Price Per AC | $1,086,956.52 |
| Lot Size | 0.69 AC |
*** PRICED TO SELL*** Valuable commercial lot for Business B-2 zoning uses. Average daily traffic 25,545.
DESCRIPTION
*** PRICED TO SELL***
1 1
PROPERTY TAXES
| Parcel Number | 2407-75-4668 | Improvements Assessment | $3,700 (2025) |
| Land Assessment | $391,500 (2025) | Total Assessment | $395,200 (2025) |
PROPERTY TAXES
Parcel Number
2407-75-4668
Land Assessment
$391,500 (2025)
Improvements Assessment
$3,700 (2025)
Total Assessment
$395,200 (2025)
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1737 Virginia Beach Blvd - High traffic Va.Beach Blvd and First Colonial
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