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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
- Signalized corner lot at Indian River Road and N. Landing Road with dual frontage and 17,000 daily vehicle trips.
- Water and sewer connections available within one mile of site.
- Zoned AG-1 and AG-2; opportunity for retail rezoning expands use flexibility.
- Last remaining undeveloped signalized intersection in Virginia Beach targeted for retail development.
- Surrounded by strong demographics, with an average household income of $180,000 in close proximity.
- Offered at $1,300,000 ($385,000 per acre), creating strong value for long-term growth.
Executive Summary
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 |
Located at Indian River Road and N. Landing Road, the property combines exceptional visibility with strong traffic flow of approximately 17,000 vehicles per day.
Description
The parcel, measuring 3.37 acres, is situated at the intersection of Indian River Road and N. Landing Road in Virginia Beach, Virginia. It lies within a rural conservation zoning designation of AG-1 and AG-2 and is subject to rezoning for expanded commercial uses. Public utilities, including water and sewer, are located within one mile of the property. The site is positioned at a signalized intersection with a traffic volume of approximately 17,000 vehicles per day and features road frontage along both intersecting roads. No Navy air easements are reported for this property.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $132,500 | Total Assessment | $132,500 |
Property Taxes
Contact the Sale Advisor
Indian River Rd & N Landing Rd