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15450 Benns Church Blvd

3,500 SF 63% Leased Flex Building Smithfield, VA 23430 $500,000 ($143/SF)

Investment Highlights

  • Garage
  • Road Frontage on Rt. 10
  • Easy access to the region's transportation network, including Route 17 and Interstates 64 & 664 (10 miles)
  • built. Traffic Counts (2019): Average Vehicles Per Day: Route 17 = (29,000) | Route 10/32/258 = (25,000) | Route 10 = (25,000)
  • In Close Proximity to: Smithfield = (1 mile), Northern Suffolk = (1 mile), Newport News = (5 miles), Hampton = (6 miles)
  • Low utility costs (well and septic)

Executive Summary

The Newport Development Service District is a strategic growth area planned for future residential, commercial and industrial development. It is the fastest growing area in Isle of Wight County. There are over 3,400 households in the DSD and that number is growing yearly as units are built. The area's central location and easy commute to the rest of the Hampton Roads region allows it to pull from a regional workforce of over 816,000 people. The previous information is from Isle of Wight economic development flyer about approved residential and mixed use pipeline projects, December 2022.

Property Facts

Price $500,000
Price Per SF $143
Sale Type Investment or Owner User
Property Type Flex
Building Class C
Lot Size 0.51 AC
Rentable Building Area 3,500 SF
No. Stories 1
Year Built 1940

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,280 SF
  • Retail
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 1,280 SF Retail - Now

1st Floor

Size
1,280 SF
Space Use
Retail
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-01-020A
Land Assessment
$161,000
Improvements Assessment
$39,300
Total Assessment
$200,300

zoning

Zoning Code 01 (General Commercial)
01 (General Commercial)
  • Listing ID: 31587788

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 15450 Benns Church Blvd, Smithfield, VA 23430

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