SOLD: 19.56 Acres | Redevelopment Opportunity | 4030 West Mercury Blvd., Hampton VA 23666

This valuable property is adjacent to many major retail and office uses. The Hampton property is located Southeast of Newport News, between densely populated residential areas and highly trafficked West Mercury Boulevard with over 49,000 V.P.D. Hampton Roads is known for its large military and government presence; Newport News Shipyard, Oceana Naval Air Station, Norfolk Naval Shipyard and Langley A.F.B are just some of the major employers. Hampton enjoys the added benefit of being surrounded by waterfront properties and tourist filled beaches, all of which contribute to the diversity and stability of the region's economy. The redevelopment of the property represents an excellent opportunity for investors and developers to leverage a prime location within the Hampton Roads market. The property offers many potential uses; multi- family, condominiums, apartments, hotel, office, grocery, retail and pad sites.
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Image for SOLD: 19.56 Acres | Redevelopment Opportunity | 4030 West Mercury Blvd., Hampton VA 23666 thumb
Image for SOLD: 19.56 Acres | Redevelopment Opportunity | 4030 West Mercury Blvd., Hampton VA 23666 thumb
Image for SOLD: 19.56 Acres | Redevelopment Opportunity | 4030 West Mercury Blvd., Hampton VA 23666 thumb
Image for SOLD: 19.56 Acres | Redevelopment Opportunity | 4030 West Mercury Blvd., Hampton VA 23666 thumb
Image for SOLD: 19.56 Acres | Redevelopment Opportunity | 4030 West Mercury Blvd., Hampton VA 23666 thumb
  • VDOT traffic estimates on West Mercury VPD 49,190 Blvd 
  • Water & Sewer all utilities to site
  • Ideal for office, medical, multi-family, condos, apartments, hospitality, big box retail, and retail pad sites.
  • Signalized  intersection at West Mercury Blvd and Martha Lee Dr to accommodate a wide variety of users. 
  • Almost 20 acres of C-1 and C-2 zoned property, 1 mile off of Interstate 64, the major artery serving Hampton Roads and other southern locations.
  • Potential Multi-Family and Residential Units
  • EXISTING RENTAL INCOME DURING REDEVELOPMENT
  • Existing structures could be reused or displaced

Details

  • VDOT traffic estimates on West Mercury VPD 49,190 Blvd 
  • Water & Sewer all utilities to site
  • Ideal for office, medical, multi-family, condos, apartments, hospitality, big box retail, and retail pad sites.
  • Signalized  intersection at West Mercury Blvd and Martha Lee Dr to accommodate a wide variety of users. 
  • Almost 20 acres of C-1 and C-2 zoned property, 1 mile off of Interstate 64, the major artery serving Hampton Roads and other southern locations.
  • Potential Multi-Family and Residential Units
  • EXISTING RENTAL INCOME DURING REDEVELOPMENT
  • Existing structures could be reused or displaced