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Rt 10 & Turner Dr
Smithfield, VA 23430
Parcel 2 · Land For Sale
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251.00 AC
Investment Highlights
- ±251-acre property suitable for large-scale mixed-use or phased development.
- Features ±2,200 feet of road frontage for outstanding visibility and access.
- Located at the intersection of Route 10 and Turner Drive, two major arterials in Smithfield.
- Positioned within the Hampton Roads region with proximity to key population and employment hubs.
Executive Summary
Property Facts
1 Lot Available
Lot Parcel 2
| Price | $6,500,000 | Lot Size | 251.00 AC |
| Price Per AC | $25,896.41 |
| Price | $6,500,000 |
| Price Per AC | $25,896.41 |
| Lot Size | 251.00 AC |
Encompassing approximately 251 acres, this property is zoned to accommodate a wide array of mixed-use development options and benefits from extensive visibility along a key regional corridor.
Description
Parcel 2 at Route 10 and Turner Drive represents a significant large-scale land development opportunity in Smithfield, Virginia. Encompassing approximately 251 acres, this property is zoned to accommodate a wide array of mixed-use development options and benefits from extensive visibility along a key regional corridor. With over 2,200 feet of road frontage on Route 10, the site offers a compelling platform for developers looking to tap into sustained demand for residential, commercial, and complementary uses in the growing Hampton Roads market. The location provides direct connectivity to major regional highways, facilitating swift access to Newport News, Hampton, and the broader Tidewater region. Smithfield’s proximity to economic drivers, including expanding commercial districts and employment centers, positions this property for long-term viability and income potential. Nearby amenities, retail centers, and established neighborhoods further enhance development prospects and augment land value.
Property Taxes
| Parcel Number | 32-01-009 | Improvements Assessment | $22,000 |
| Land Assessment | $7,154,800 | Total Assessment | $7,176,800 |
Property Taxes
