3001 Greenwood Dr, Portsmouth, VA 23701

6.75 Acres of Commercial Land in Portsmouth, VA 23701

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Land

Listing Contacts

Brian Brockman
Brian Brockman
Verified Profile
  • Property Info

Property Overview

This auction has a view only time frame from June 17, 2024, at 10:00 am through July 16, 2024, at 9:59 am.
Bidding will be open from July 16, 2024, at 10:00 am through July 22, 2024, at 2:00 pm.
To be eligible for bidding, there are three requirements:
1)Become a registered bidder with GovDeals.If you are not a registered bidder, you will need to register at www.govdeals.com. Click on “Register” in the top right-hand corner of the page.
2)Submit a bid deposit.You will find the bid deposit instruction form under the 'Attachments' section of this auction. Bid deposits are not instant and can take one full day or longer to transfer from bank to bank; therefore, we encourage you to plan accordingly. If you wait until the last day to submit your bid deposit, you run the risk of your deposit not being cleared in time for you to bid.
3)Subscribe to the Portsmouth Real Estate, VA tier.Requesting tier access allows us to verify your bid deposit and subsequently approve you for bidding. Click on "Register to Bid" in the blue bar to the right of the pictures. On the next page, click on "Apply Now."
We will consider approving only those bidders who have requested tier access AND who have submitted their bid deposit.
Prime Mixed Use Commercial Land- 6.759 acres
A Rare Development Opportunity. The Successful Buyer will have the opportunity to build a residential and/or
commercial development that is adjacent to the existing New Port Development, the Historic Bide-a-Wee Golf
Course, Tidewater Community College, and Rivers Casino. The area is served by public transit and is located within minutes of the Victory Boulevard exit off Interstate 264. This location is also within minutes of Interstate 64 and State Route 58, which will allow a smooth commute to most major employers in the area, including the fifteen (15) military installations located in the Hampton Roads region. Norfolk Naval Shipyard and Naval Medical Center Portsmouth are both located in Portsmouth and Naval Station Norfolk, the world’s largest naval base is located across the Elizabeth River in Norfolk. This location is also forty minutes from the Virginia Beach oceanfront.
Following the sale, the properties will remain subject to Community Development Authority (CDA) bond obligations. Prospective bidders are encouraged to review www.jasonadunn.com for additional information, including the complete terms of sale, auction disclosures, and Frequently Asked Questions regarding CDA bonds.

Property Details

Property Subtype
Commercial

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