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1276 Baker Rd
Virginia Beach, VA 23455
 DLH Sports Complex · Industrial Property For Sale

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INVESTMENT HIGHLIGHTS

  • Located in an Opportunity Zone
  • 7 miles from Norfolk International Terminal
  • Adjacent to Norfolk International Airport
  • Excellent location adjacent to I-64.
  • 40' free span warehouse

EXECUTIVE SUMMARY

Owner will assist Buyer in rezoning back to Light Industrial. City will not allow IOS. Warehousing is acceptable. The 15 acres is currently subdivided into 2 parcels for multifamily development. Buyer can purchase one or both parcels.

PROPERTY FACTS

Sale Type Investment or Owner Occupier No. Floors 1
Sale Condition Redevelopment Project Year Built 2012
Property Type Industrial Parking Allocation 1.67/1,000 sq ft
Property Subtype
Warehouse
  • Industrial Distribution Warehouse
  • Industrial Refrigeration Cold Storage
  • Showroom
 Eaves Height 40 ft
Costar Property Class B No. Drive In / Grade-Level Doors 2
Total Plot Size 14.99 ac Cross Streets Northampton Blvd
Net Internal Area (NIA) 149,900 sq ft Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class I-1 - Rezoned to multi. Owner can assist Buyer in zoning one or both parcels back to Light Industrial.
Sale Type Investment or Owner Occupier
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution Warehouse
  • Industrial Refrigeration Cold Storage
  • Showroom
Costar Property Class B
Total Plot Size 14.99 ac
Net Internal Area (NIA) 149,900 sq ft
No. Floors 1
Year Built 2012
Parking Allocation 1.67/1,000 sq ft
Eaves Height 40 ft
No. Drive In / Grade-Level Doors 2
Cross Streets Northampton Blvd
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class I-1 - Rezoned to multi. Owner can assist Buyer in zoning one or both parcels back to Light Industrial.

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Yard
  • Storage Space

UTILITIES

  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating - Electric

PROPERTY TAXES

Parcel Number 1469-01-4169 Improvements Assessment £2,532,298
Land Assessment £2,106,698 Total Assessment £4,638,996

PROPERTY TAXES

Parcel Number
1469-01-4169
Land Assessment
£2,106,698
Improvements Assessment
£2,532,298
Total Assessment
£4,638,996
 

  • Listing ID: 30119479

  • Date on Market: 17/11/2023

  • Last Updated:

  • Address: 1276 Baker Rd, Virginia Beach, VA 23455

The Northwest Virginia Beach Industrial Property at 1276 Baker Rd, Virginia Beach, VA 23455 is currently available. Contact JMS Commercial for more information.

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