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    824 Milford Ln Suffolk, VA 23434

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    For Sale
    $235,000

    13.25 acres suitable for agriculture, recreation, or residential use.

    Lot size:
    13.25 Acres

    Property Features for 824 Milford Ln

    General Information

    Lot size
    13.25 Acres

    Source: Pungo Realty Co Agent Herb Culpepper, Jr

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

    Overview

    13.25 Acres of Versatile Land

    This 13.25-acre property offers diverse opportunities, featuring 10 acres of open, crop-producing farmland with the remaining acreage wooded. The land is suitable for agriculture, recreational activities, or residential construction. Located approximately 10 minutes from local amenities, the property provides a country living environment with road frontage on Milford Lane and Indian Trail. Potential uses include farming, hunting, or creating a private retreat.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.7120585
    Latitude
    36.7489388

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    FAQs

    What type of property is this?
    Land - 13.25 acres suitable for agriculture, recreation, or residential use.
    Where is this land located?
    The property is located at 824 Milford Ln Suffolk, VA.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - 13.25 acres of land suitable for agriculture, recreation, or building.; - **10 acres of open, crop-producing farmland.**; - Remainder of acreage is wooded.
    (757) 409-0350
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    824 Milford Ln 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
    824 Milford Ln Suffolk, VA 23434
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