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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

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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

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

Price $750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Parking Lot
Total Lot Size 0.69 AC
Opportunity Zone Yes
Zoning APZ-1 - Accident Potential Zone

1 LOT AVAILABLE

Lot

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***

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2407-75-4668
Land Assessment
$391,500 (2025)
Improvements Assessment
$3,700 (2025)
Total Assessment
$395,200 (2025)
  • Listing ID: 38059384

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address: 1737 Virginia Beach Blvd, Virginia Beach, VA 23454

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