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    115 Dill Rd Suffolk, VA 23434

    For Lease
    $6 SF/Yr

    36,000 SF warehouse with planned upgrades and truck access.

    Property size:
    36,000 SF
    Lot size:
    11.78 Acres

    Property Features for 115 Dill Rd

    General Information

    Size
    36,000 SF
    Lot size
    11.78 Acres

    Source: Colliers | Norfolk Agent Chamie Burroughs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Suffolk Warehouse with Upgrades

    This 36,000 square foot warehouse property, zoned M-2, features an average ceiling height of 22 feet and dock level loading. The property is located approximately 3.5 miles from Route 58 via the high-speed Route 13 Bypass, offering truck access. An adjacent 9.5 acre parcel will be available for lease starting June 1st. The property is scheduled for major upgrades with a budget exceeding $1 million. These upgrades include a three-tone exterior paint scheme, paving of the site, upgraded sprinklers, a new pylon sign, stabilization and fencing of the approximately 9.5 acre yard, and the addition of loading doors. Shared office space is available in the management office attached to Building #19. The new owner will pay a 5% commission to any broker representing a tenant who leases space at this property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Nansemond Cold Storage ... Cold Storage Facility

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store Department Store

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

    Similar Places Nearby

    Nansemond Cold Storage Co Inc, Virginia Cold Storage- South, Suffolk Industrial Park

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.591373
    Latitude
    36.710234

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    FAQs

    What type of property is this?
    Warehouse - 36,000 SF warehouse with planned upgrades and truck access.
    Where is this warehouse located?
    The property is located at 115 Dill Rd Suffolk, VA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Major upgrades planned with a budget of over $1M, including exterior paint, paving, sprinkler upgrades, new pylon sign, and additional loading doors.; - Dock level loading and truck access \u00b13.5 miles to Rt. 58 via high speed Rt. 13 Bypass.; - Zoned M-2.
    (757) 478-9626
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    115 Dill 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
    115 Dill Rd Suffolk, VA 23434
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