FOR SALE| 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.
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
Established in 1967, Motleys has transformed from an auction company into an Asset Disposition Group servicing the Mid-Atlantic region. Motleys offers an array of sales, appraisal and acquisition services for a variety of assets.
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Motleys Asset Disposition Group Corporate Headquarters 3600 Deepwater Terminal Rd. Richmond, VA 23234 ph: (804) 232-3300 fax: (804) 232-3301 firstname.lastname@example.org