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    1607 Holland Rd Suffolk, VA 23434

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    For Sale
    $500,000

    Retail/office development site with approved site plan and frontage.

    Lot size:
    2.62 Acres

    Property Features for 1607 Holland Rd

    General Information

    Lot size
    2.62 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Bill Overman

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

    Overview

    Commercial Development Site on Holland

    This commercial development site has a fully approved site plan for retail or office use. The property is zoned general commercial and offers potential for rezoning to residential use. It features approximately 480 feet of frontage on Route 58, also known as Holland Road, and provides excellent access to US 13. The location is in close proximity to a Food Lion Shopping Center. An outparcel can be carved out to suit a buyer or user. Additional information is available regarding the V 58/Holland Rd Corridor Road Widening.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.6415426
    Latitude
    36.7204464

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    FAQs

    What type of property is this?
    Commercial land - Retail/office development site with approved site plan and frontage.
    Where is this commercial land located?
    The property is located at 1607 Holland Rd Suffolk, VA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Fully approved site plan for retail/office development; - Excellent access to US 13; - Boasts ±480' of frontage on Route 58/Holland Road
    (757) 627-8611
    Request Owner's contact information
    1607 Holland 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
    1607 Holland Rd Suffolk, VA 23434
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