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Indian River Rd & N Landing Rd 3.37 Acres of Commercial Land Offered at $1,300,000 in Virginia Beach, VA 23456
Investment Highlights
- Ideal for retail use -subject to rezoning
- Water and sewer less than 1 mile away
Executive Summary
Located within a rapidly expanding residential corridor, the site benefits from strong surrounding demographics, including a population of more than 107,000 residents within five miles and exceptionally high average household incomes that exceed $180,000 within a one-mile radius. These metrics underscore the area’s purchasing power and make the property well suited for destination retail, convenience services, or neighborhood-focused commercial development.
Currently zoned AG-1 and AG-2, the parcel is ideal for buyers planning a commercial rezoning, and nearby development patterns suggest favorable adaptation for retail, mixed-use, or community-serving concepts. Water and sewer utilities are located less than one mile away, reducing off-site improvement requirements and supporting an efficient development timeline. Importantly, the site lies outside all Navy air easement zones, expanding potential allowable uses compared to competing land offerings in coastal Hampton Roads.
With its large corner frontage, excellent access, strong household incomes, and proximity to established and emerging neighborhoods, this property offers a compelling opportunity for an owner-user, investor, or developer seeking a high-quality, future-ready commercial site in Virginia Beach. Offered at $1,300,000, this tract represents one of the region’s most attractive remaining retail-oriented land plays.
Property Facts
| Price | $1,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.37 AC |
| Property Type | Land | ||
| Zoning | AG-1 & AG-2 - Commercial | ||
| Price | $1,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.37 AC |
| Zoning | AG-1 & AG-2 - Commercial |
1 Lot Available
Lot
| Price | $1,300,000 | Lot Size | 3.37 AC |
| Price Per AC | $385,756.68 |
| Price | $1,300,000 |
| Price Per AC | $385,756.68 |
| Lot Size | 3.37 AC |
Description
Offered for sale is a rare 3.37-acre signalized corner parcel located at the intersection of Indian River Road and North Landing Road in Virginia Beach. This site represents one of the last undeveloped signalized corners in the city, providing exceptional visibility and access for future commercial development. The property is currently zoned AG-1 and AG-2 and is ideal for retail or service-oriented uses, subject to rezoning. The site benefits from approximately 17,000 vehicles per day, strong surrounding demographics, and proximity to established residential neighborhoods. The surrounding trade area features high household incomes, with average household income exceeding $180,000 within a one-mile radius and a population of over 107,000 within five miles, supporting a wide range of commercial uses. Additionally, the property is not encumbered by Navy air easements, enhancing development flexibility. Priced at $1,300,000 ($385,000 per acre), this offering presents a compelling opportunity for developers or investors seeking a high-profile corner location in a growing corridor of Virginia Beach.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $132,500 | Total Assessment | $132,500 |
Property Taxes
Presented by
Indian River Rd & N Landing Rd
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