Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2017 Wilroy Rd Suffolk, VA 23434

    Sponsored
    For Sale
    $550,000

    Versatile 2.43-Acre Property, High Traffic Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This unique 2.43-acre property at 2017 Wilroy Road in Suffolk, Virginia, presents a compelling investment opportunity. Currently zoned B-2 with a Dwelling Residential land use designation, the property offers significant flexibility. Tax records indicate prior use as residential, commercial, and industrial, suggesting diverse potential applications. The existing structure features a dual-purpose design. One side is configured as an office space, complete with a private restroom, kitchenette, and storage. The other side has been used as a residential rental, boasting three bedrooms. Recent renovations include fresh paint, new flooring, updated kitchen cabinets and countertops, new vinyl siding, and a new roof. The property benefits from connection to city water and sewage, eliminating the complexities of alternative systems. The City of Suffolk has further enhanced accessibility by installing a dedicated turning lane directly onto the property. Located on Wilroy Road, this property enjoys high visibility and sits within a high-traffic area, maximizing exposure and potential for a wide range of businesses. The combination of its versatile layout, recent upgrades, and prime location makes this a truly exceptional offering. The property's size and zoning offer significant potential for future development or expansion.

    Property Features for 2017 Wilroy Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    105,851 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Solomons Builders Inc. Construction Company Jeb's Hilltop Retreat Real Estate Agency

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Food Market Accounting Firm HVAC Service Grocery Store Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    SUFFOLK
    State
    Virginia
    Longitude
    -76.54977
    Latitude
    36.76938

    Nearby Similar for Sale

    • $425,000
      2,124 SF

      Suffolk Mixed-Use Property For Sale

      Unique mixed-use property with office and residential spaces in Suffolk.
      2017 Wilroy Rd, Suffolk, VA 23434
      View Details
    • New
      $440,000
      4,150 SF

      Suffolk Multifamily Investment Opportunity

      Income-producing multifamily property in Suffolk, ideal for investors.
      316 W Washington St, Suffolk, VA 23434
      View Details
    • $299,000
      1,500 SF

      Downtown Suffolk Office Building For Sale

      Office building in vibrant downtown Suffolk, near restaurants and retail.
      314 W Washington St, Suffolk, VA 23434
      View Details
    • New
      $180,000
      2,728 SF

      Suffolk Multifamily Investment Opportunity

      Income-producing multifamily property in Suffolk, ideal for investors.
      129 Chestnut St, Suffolk, VA 23434
      View Details
    • $1,450,000
      23,594 SF

      Suffolk Commercial Building For Sale

      Eight-story commercial building in downtown Suffolk, prime real estate opportunity.
      112 W Washington St, Suffolk, VA 23434
      View Details
    • New
      $265,000
      3,040 SF

      Suffolk Income-Producing Multifamily Property

      Suffolk multifamily property with strong cash flow and long-term upside.
      113 Chestnut St, Suffolk, VA 23434
      View Details
    • Contact for pricing
      80,000 SF

      80,000 SF Warehouse with Yard

      80,000 SF Class A warehouse with laydown yard.
      1100 Enterprise Dr, Suffolk, VA
      View Details
    • $7,400,000
      126,733 SF

      Suffolk Industrial Property Near Port

      126,733 SF industrial building near the Port of Virginia.
      1368 Progress Rd, Suffolk, VA 23434
      View Details
    • $439,900
      2,723 SF

      Downtown Suffolk Commercial Space Available

      Versatile commercial space in downtown Suffolk with excellent road frontage.
      438 N Main St, Suffolk, VA 23434
      View Details
    • $7,250,000
      22,395 SF

      Harbour View Medical Office Building

      Two-story medical office building in a rapidly growing area.
      5849 Harbour View Blvd, Suffolk, VA 23435
      View Details
    • $649,000
      2,024 SF

      Suffolk Commercial Building with Bays

      Large commercial building with four bays, ideal for automotive uses.
      811 W Constance Rd, Suffolk, VA 23434
      View Details
    • Contact for pricing

      Former Gas Station on US-460

      3.16-acre lot with fueling infrastructure and high traffic visibility.
      2865 Pruden Blvd, Suffolk, VA 23434
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Versatile 2.43-Acre Property, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 2017 Wilroy Rd Suffolk, VA.
    What is the asking price?
    The asking price for this property is $550,000.
    (757) 935-9000
    Request Owner's contact information
    2017 Wilroy Rd Suffolk, VA 23434
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2017 Wilroy Rd
    Suffolk, VA 23434
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2017 Wilroy Rd Suffolk, VA 23434
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.