- For Sale $300,000
- Property Type VacantLand
- Lot Size 2.2 Acre
- Date Updated May 14, 2026
Description
Prime ±2.2-acre parcel located at the foot of the I-264 on/off ramp along Effingham Street in Portsmouth, VA. The site is strategically positioned less than 0.5 miles from Downtown Portsmouth, 0.6 miles from the Norfolk Naval Shipyard, and 1.0 mile from the Naval Medical Center Portsmouth — all major regional employment and visitor destinations that generate steady daytime and weekend traffic. With its exceptional visibility, direct interstate access, and strong commuter and visitor base, this property offers an ideal development opportunity in one of Portsmouth’s most accessible and high-traffic corridors.
Highlights
- 0.6 miles to Norfolk Naval Shipyard, a major employment hub with thousands of daily workers
- 1.0 mile to Naval Medical Center Portsmouth, one of the region’s primary medical campuses
- Excellent visibility with ±231 feet of direct frontage along Effingham St
- High traffic counts: Effingham St at 30,600 VPD and I-264 at 65,400 VPD
- Immediate on/off access to I-264, providing unmatched regional connectivity
- Zoning: D1-T6
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Contacts
Levi Thomson
Divaris Real Estate
Location
Located at 1481 Effingham Street, Portsmouth, VA 23704, this property is part of the Downtown Portsmouth neighborhood and Richmond Tidewater market.
Contact Listing Broker
Levi Thomson
Divaris Real Estate
