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    1603 E Washington St Suffolk, VA 23434

    Picture of Commercial land at E Washington St 1603, Suffolk, VA
    For Sale
    $35,000

    Land And Farms - Suffolk, VA

    Lot size:
    0.15 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1603 E Washington St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMM
    Lot size
    0.15 Acres

    Building Details

    Architectural style
    Other

    Cherished Destiny Real Estate (757) 600-5969 [email protected]

    Listing agent Rhonda Vaughn (757) 600-5969

    Listing date Aug 15, 2025

    MLS# 10596406 Listing URL

    Copyright © 2025 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.

    Overview

    Suffolk, VA Vacant Commercial Lot

    This vacant lot, situated on a main street, is zoned for mixed-use and commercial purposes. Potential uses include a laundry mat, a daycare center facility, or a residence used for daycare. The property offers high visibility for business operations. The acreage is 0.15 acres, according to tax records. Buyers are advised to conduct their own due diligence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.5634235
    Latitude
    36.7279244

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    FAQs

    What type of property is this?
    Commercial land - Vacant mixed-use/commercial lot on a main street.
    Where is this commercial land located?
    The property is located at 1603 E Washington St Suffolk, VA.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Zoned mixed use/commercial, offering versatile development options.; - High visibility location on a main street, ideal for business.; - Suitable for a laundry mat, day care center facility, or a residence used for a daycare.
    (757) 600-5969
    Request Owner's contact information
    1603 E Washington St Suffolk, VA 23434
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    Suffolk, VA 23434
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1603 E Washington St Suffolk, VA 23434
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