Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA | ACCELERATED SALE

Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA | Accelerated Sale December 9
  •   Thursday, Dec 9 @ 12:00PM EST (Start)
  •   Thursday, Dec 9 @ 3:00PM EST (End)
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Image for Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA thumb
Image for Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA thumb
Image for Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA thumb
Image for Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA thumb
Image for Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA thumb
Image for Prime Development Opportunity | 12 +/- acres | Strategic Growth Area | Zoned I-2 | Virginia Beach, VA thumb

 

 

 

Motleys is pleased to present 122 Mac Street in Virginia Beach for Accelerated Sale. The property features just under 200,000 SF of industrial building space sitting on 12+/- industrial zoned acres. In addition to the property continuing as its current use, the site is prime for re-development. The municipality of Virginia Beach has indicated support for mixed-use development projects for the area. Located just off Interstate 264 and Witchduck Rd, this property is approximately 1 mile west of the Town Center District and a short drive to the oceanfront.

Property Highlights:

  • 12 +/- Acres
  • 196,871 +/- SF Building Area
  • Currently a recycling center and Zoned I-2 (Industrial) with added potential to lease warehouse space
  • Municipality has indicated support for Mixed-Use Development
  • Potential of up to 432 apartment units with applicable zoning (A36)
  • Conveniently located just off I-264 at the Witchduck Rd exit
  • Minutes from Virginia Beach’s Town Center, the oceanfront, and Norfolk International Airport
  • Located in the Pembroke Strategic Growth Plan Area