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Heavy Industrial Land
For Sale
$124,900

127 Philhower Drive, Suffolk, VA 23434

Commercial/Industrial, Suffolk, VA

Property Size1,088 SF
Lot Size0.32 Acres
Price / SF$114.80
Days on Market225

Property Features for 127 Philhower Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning M-2 COM
Parking features Paved or Surfaced, Off Street
Subdivision PIERCE PARK
Standard status Active
Size 1,088 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Annual Amount 1364

Utilities

Cooling system Wall/Window Unit(s)

Building Details

Year built 1959
Roof type Shingle
Listing Agency: Rock Steady Group
Listed By: Matthew Spencer
Added: Jan 16 Changed: Aug 27 Last Checked: Aug 29 at 7:06PM
MLS# 10616679

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.32-acre industrial land parcel carries M-2 COM zoning and is mostly cleared. The site provides 107 feet of road frontage, paved or surfaced parking, and off-street parking. A 1,088-square-foot, two-bedroom, one-bath house built in 1959 is associated with the property, along with wall or window unit cooling and a shingle roof.

The property is near Route 58 and other major interstates and highways. A single-family dwelling is located next to the parcel. Any residential application or other proposed use should be confirmed with the city and zoning authorities before proceeding.

Key Highlights

  • 0.32‑acre parcel with M‑2 COM zoning
  • 107 feet of road frontage
  • Mostly cleared industrial land

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Mostly cleared parcel with M-2 COM zoning, paved off-street parking, and access to established transportation routes.
Where is this industrial land located?
The property is located at 127 Philhower Drive Suffolk, VA.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 0.32‑acre parcel with M‑2 COM zoning; 107 feet of road frontage; Mostly cleared industrial land
More about this property
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