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 could double if all the approved housing units are 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). 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. Easy access to the region's transportation network, including Route 17 and Interstates 64 & 664 (10 miles). The following information is from Isle of Wight economic development flyer about approved residential and mixed use pipeline projects, December 2022.
Build your dream business on this 2.85 Acres lot just of Rt 10 in the heart of Smithfield residential & business district. Lots of established businesses are near this lot. Lot 13 is across the street from smithfield plaza. Connect to water, sewer, electirc & gas with ease. Ask agent for a copy of the survey & the owner has the plans for a proposed 194 Unit Climate Controlled Storage Facility which was approved by the town of Smithfield in 2007. A fantastic chance to start a storage business or any other business of choice on the fantastic lot priced below assessed value.
PRIME COMMERCIAL/INDUSTRIAL PROPERTY. 2.13 ACRES ZONED L-1 LIGHT INDUSTRIAL. EXCELLENT ROAD FRONTAGE (725 FT.) ON 4 LANE DIVIDED HWY. LOCATED NEAR ROUTE 17/ INTERSTATE 64 CORRIDOR. EASY ACCESS TO ALL OF HAMPTON ROADS & VIRGINIA PORTS. ISLE OF WIGHT INDUSTRIAL PARK OR IWIP. SITE LAYOUT AND ELEVATIONS ATTAHCED, ALSO SHOWS IN PICTURES. THE PROPERTY IS IN THE HIGHWAY CORRIDOR OVERLAY AND HAS BEEN RECENTLY ZONED NEWPORT DEVELOPMENT SERVICES OVERLAY. ZONED L-1 (LIGHT INDUSTRIAL). THIS IS THE LAST LOT AVAILABLE FOR BUIDING. PLANS IN PLACE AND FULLY APPROVED. ALL FLEX SPACE. HAVE YOUR BUSINESS IN ONE SPACE, RENT THE REST OR RENT IT ALL. UNLIMITED OPPORTUNITY. CALL FOR MORE DETAILS.
Turnkey Skating Rink business just waiting for its new owners! Smithfield's very own skating rink has been serving the public since 1998 and is one of the best entertainment centers in the area. Beautiful maple floors, arcade area, food service/kitchen area, party rooms and lots of storage. Conveniently located, this place stays busy. Fully functional batting cages are on site. Lots of parking and well lit. This property has multiple uses. This is a very popular business for parties, groups and other fun events!
The median home value in Smithfield, VA is $331,300. This is lower than the county median home value of $331,700. The national median home value is $338,100. The average price of homes sold in Smithfield, VA is $331,300. Approximately 70.28% of Smithfield homes are owned, compared to 24.34% rented, while 5.38% are vacant. Smithfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Smithfield real estate agent to arrange a tour today!
Smithfield, Virginia 23430 has a population of 8,513. Smithfield 23430 is less family-centric than the surrounding county with 25.55% of the households containing married families with children. The county average for households married with children is 30.5%.
The median household income in Smithfield, Virginia 23430 is $92,913. The median household income for the surrounding county is $84,673 compared to the national median of $69,021. The median age of people living in Smithfield 23430 is 46.1 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 32.5 degrees. The average rainfall is approximately 47.2 inches per year, with 4.6 inches of snow per year.