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    Shoulders Hl And Bob Whites Ln Suffolk, VA 23435

    For Sale
    Contact for pricing

    16 Acres, Heavy Industrial Zoning, Utilities Available

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    305
    This exceptional 16.35-acre parcel of land, situated in Suffolk, Virginia, presents a compelling investment opportunity. The property boasts 10 acres of uplands and is conveniently located at the intersection of Shoulders Hill and Bob Whites Lane, zip code 23435 (36.8383918, -76.4628732). Zoned M-2 for heavy industrial use, this site offers significant development potential, allowing for the construction of up to 136,000 square feet of industrial space. Utilities are already available on-site, streamlining the development process and reducing upfront costs. The property is eligible for Foreign Trade Zone designation, providing potential tax advantages and logistical benefits for businesses involved in international trade. The seller is willing to subdivide the land to accommodate various project sizes and investor needs. Priced at $300,000 per acre, this represents a strong value proposition in a thriving industrial market. This prime location in Suffolk, VA offers easy access to major transportation arteries, making it an ideal location for distribution centers, manufacturing facilities, or other heavy industrial uses. Contact us today to explore the possibilities of this exceptional industrial land offering.

    Property Features for 0 Shoulders Hl And Bob Whites Ln

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 16.35‑acre industrial land parcel, including 10 acres of uplands.
    • Utilities on‑site.
    • Development potential up to 136,000 square feet.
    • M‑2 (Heavy Industrial) zoning.
    • Foreign Trade Zone eligibility.
    • Seller will consider subdividing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.4628732
    Latitude
    36.8383918

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    FAQs

    What type of property is this?
    Land - 16 Acres, Heavy Industrial Zoning, Utilities Available
    Where is this land located?
    The property is located at Shoulders Hl And Bob Whites Ln Suffolk, VA.
    What are key features of this property?
    This property features: 16.35-acre industrial land parcel, including 10 acres of uplands.; Utilities on-site.; Development potential up to 136,000 square feet.
    Request Owner's contact information
    Shoulders Hl And Bob Whites Ln Suffolk, VA 23435
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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
    Shoulders Hl And Bob Whites Ln Suffolk, VA 23435
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