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.