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950 Omni Blvd 5.06 Acres of Commercial Land Offered at $800,000 in Newport News, VA 23606
INVESTMENT HIGHLIGHTS
- 5.06 acre parcel on Diligence Drive.
- Pylon sign available.
- C-4 (Hotel) Zoning.
- Visible from I-64 and the J Clyde Morris Blvd. exit.
EXECUTIVE SUMMARY
The property is located adjacent to the Magnuson Hotel (former Omni Hotel) in the Oyster Point Industrial/Office Park. The area is considered the Peninsula’s premier business community. It is a regional corridor with several shopping centers, a mall, over 2 million sq. ft. of office space, many hotels, banking, legal, and research facilities.
PROPERTY FACTS
| Price | $800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.06 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C-4 | ||
| Price | $800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.06 AC |
| Opportunity Zone |
Yes |
| Zoning | C-4 |
1 LOT AVAILABLE
Lot
| Price | $800,000 | Lot Size | 5.06 AC |
| Price Per AC | $158,102.77 |
| Price | $800,000 |
| Price Per AC | $158,102.77 |
| Lot Size | 5.06 AC |
5.06 acres on Diligence Drive adjacent to the Magnuson Hotel. (Former Omni Hotel). Zoned C-4.
PROPERTY TAXES
| Parcel Number | 185.00-01-05 | Improvements Assessment | $0 |
| Land Assessment | $759,000 | Total Assessment | $759,000 |
PROPERTY TAXES
Parcel Number
185.00-01-05
Land Assessment
$759,000
Improvements Assessment
$0
Total Assessment
$759,000
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950 Omni Blvd
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