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580 Kempsville Rd 79,823 SF Specialty Building Offered For Sale in Virginia Beach, VA 23464

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INVESTMENT HIGHLIGHTS

  • Prime location near Virginia Beach Town Center with excellent visibility
  • Two parcels totaling nearly 13 acres in a high-growth trade area
  • Ideal for entertainment, mixed-use, retail, or multifamily redevelopment
  • Immediate access to I-264 and I-64 for regional connectivity
  • Existing improvements include modern auditorium and flexible two-story structure
  • Surrounded by strong demographics and high traffic counts

EXECUTIVE SUMMARY

Located in the heart of Hampton Roads, 580 Kempsville Road offers a rare institutional campus or redevelopment opportunity in one of Virginia Beach’s most desirable submarkets. Spanning nearly 13 acres across two parcels, this property combines scale, visibility, and strategic positioning—just one mile from Interstate 264 and minutes from Virginia Beach Town Center. Its central location ensures seamless connectivity to all seven cities in the region, making it ideal for high-impact ventures.
Parcel A at 580 Kempsville Road features a modern ±80,000 SF facility built in 1997, anchored by a grand sanctuary seating up to 5,200 guests, complemented by classrooms, gymnasium, and administrative spaces. Parcel B at 640 Kempsville Road adds ±95,000 SF of flexible space suitable for storage, production, or adaptive reuse. Together, these assets present exceptional potential for entertainment venues, regional event hubs, or transformative mixed-use redevelopment including retail, multifamily, or institutional concepts.
The property benefits from strong demographics, high traffic counts, and proximity to major employers and infrastructure investments that drive Hampton Roads’ growth. With abundant parking, multiple access points, and existing infrastructure designed for large-scale operations, this offering is positioned to capitalize on Virginia Beach’s thriving economy and robust population base. Investors and developers seeking a strategic foothold in the Mid-Atlantic will find this opportunity unparalleled.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Lodge Meeting Hall
Building Class B
Lot Size 7.52 AC
Building Size 79,823 SF
No. Stories 1
Year Built 1997
Zoning R10

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1466-77-5086
Land Assessment
$1,066,600
Improvements Assessment
$17,585,000
Total Assessment
$18,651,600
  • Listing ID: 39114050

  • Date on Market: 1/16/2026

  • Last Updated:

  • Address: 580 Kempsville Rd, Virginia Beach, VA 23464

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