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    768 Carolina Rd Suffolk, VA 23434

    For Sale
    $550,000

    Land And Farms - Suffolk, VA

    Lot size:
    5.32 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 768 Carolina Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Unhabitable Dwelling
    Lot size
    5.32 Acres

    Building Details

    Architectural style
    Other

    ONYX Realty Professionals (757) 278-3945 [email protected]

    Listing agent Shonda Taylor (757) 278-3945

    Listing date Nov 19, 2025

    MLS# 10610823 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 Land with Development Potential

    This expansive 5.32-acre property in Suffolk, Virginia, presents a prime opportunity along the growing Carolina Road corridor. The site, currently zoned residential, is located in an area identified by the City of Suffolk for future commercial rezoning, making it suitable as a long-term hold or redevelopment project. The existing structure on site is considered a tear down. The property features generous land, mature trees, and direct road frontage, offering excellent visibility and access. It is conveniently located minutes from Downtown Suffolk, Route 58, and the North Carolina state line. The surrounding corridor is experiencing growth in retail, service, and mixed-use development. This property offers potential for investors, developers, or those looking to build new.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.5985832
    Latitude
    36.703088

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    FAQs

    What type of property is this?
    Land - Expansive land parcel in growing corridor, ideal for redevelopment.
    Where is this land located?
    The property is located at 768 Carolina Rd Suffolk, VA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Positioned in an area identified by the City of Suffolk for future commercial rezoning.; - Generous land with direct road frontage and excellent visibility.; - Prime opportunity along the growing Carolina Road corridor.
    (757) 278-3945
    Request Owner's contact information
    768 Carolina Rd 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
    768 Carolina Rd Suffolk, VA 23434
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