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21 Libby St
Hampton, VA 23663
Land For Sale · 0.46 AC

Investment Highlights

  • Located in the Phoebus Historic District near Interstate 64.
  • Zoned PH3 for commercial development opportunities.
  • Near Hampton University, Fort Monroe, and the VA Medical Center.
  • Less than 600 feet from the I-64 interchange.
  • Situated within an Urban Enterprise Zone.
  • Convenient access to Buckroe Beach and surrounding neighborhoods.

Executive Summary

21 Libby Street presents an opportunity to acquire a commercial land site in Hampton's Phoebus Historic District, an established area known for its blend of residential neighborhoods, local businesses, military influence, and waterfront attractions. Positioned just off Interstate 64 and less than 600 feet from the interstate interchange, the property offers convenient regional access throughout the Hampton Roads market, supporting a variety of potential commercial development uses permitted under its PH3 zoning designation.
The site's location provides connectivity to several notable demand drivers, including Hampton University, the Hampton VA Medical Center, Fort Monroe, Buckroe Beach, and surrounding residential communities. Its placement near Mallory Street enhances accessibility while providing exposure to local traffic moving between Hampton's historic districts, employment centers, and recreational destinations.
The property is also located within an Urban Enterprise Zone, offering a location that may be attractive to businesses seeking to benefit from municipal and economic development initiatives. The combination of infill positioning, interstate accessibility, and proximity to established community amenities creates a compelling setting for future commercial development, owner-user occupancy, or long-term investment.
With limited commercial land opportunities available in mature Hampton submarkets, 21 Libby Street offers a well-located site with access to major transportation corridors and nearby institutional anchors that support ongoing activity throughout the surrounding area.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
  • Hold For Investment
Total Lot Size 0.46 AC
Zoning PH - Offical Zoning code is 48 PH-3 PH

1 Lot Available

Lot

Price $275,000
Price Per AC $597,826.09
Lot Size 0.46 AC

±0.46-acre commercial land site in Hampton's Phoebus Historic District. Zoned PH3 and located less than 600 feet from the I-64 interchange. Situated within an Urban Enterprise Zone near Hampton University, Fort Monroe, and Buckroe Beach.

Description

Commercial land parcel totaling approximately 0.46 acres located at 21 Libby Street in Hampton, Virginia. The property is situated within the Phoebus Historic District near Mallory Street and less than 600 feet from the Interstate 64 interchange. The site is zoned PH3 and is located within an Urban Enterprise Zone. Nearby landmarks include Hampton University, the Hampton VA Medical Center, Fort Monroe, and Buckroe Beach.

Property Taxes

Property Taxes

Parcel Number
12001536
Land Assessment
$194,700
Improvements Assessment
$0
Total Assessment
$194,700
  • Listing ID: 30937741

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 21 Libby St, Hampton, VA 23663

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