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Cleared Corner Industrial Development Site
For Sale
$150,000

3143 Kings Hwy, Suffolk, VA 23435

Cleared corner parcel with approved plans for a 2,400 SF office and a 2,000 SF warehouse.

Property Size3,458 SF
Days on Market11

Property Features for 3143 Kings Hwy

General Information

Standard status Active
Size 3,458 SF
Property subtype VacantLand

Building Details

Building Size 3,458 SF
Year Built 1850
Listing Agency: Creoteric Commercial Real Estate
Listed By: Jon Elliott · License #0225272281
Source: Commercialcafe
Added: Jul 26 Changed: Jul 27 Last Checked: Aug 5 at 5:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Creoteric Commercial Real Estate

Investment Insights

Based on property information with market context.

This corner parcel has been cleared and includes previous site work along with approved plans for a 2,400 SF office building and a 2,000 SF warehouse. Plans and a survey are available to support development planning and permitting.

The property is located at the intersection of Kings Hwy and Nansemond Pkwy in the North Suffolk area. It is immediately adjacent to the upcoming Seaboard Coastal Trail, a 10' wide pedestrian and bike trail planned to span from Downtown Suffolk to the Chesapeake city line.

As presented, the site is positioned for industrial development with an office component and a warehouse building under approved plans.

Key Highlights

  • Corner parcel at Kings Hwy and Nansemond Pkwy in North Suffolk, cleared and ready for development
  • Approved plans for a 2,400 SF office building
  • Approved plans for a 2,000 SF warehouse

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 23435, VA

32,597
Population
13,386
Households
2.4
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
35.7 sq mi
ZIP Area
913
Density / Sq Mi
$107,833
Median Household Income
$52,814
Median Earnings
$1,838
Median Rent
$374,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared corner parcel with approved plans for a 2,400 SF office and a 2,000 SF warehouse.
Where is this commercial land located?
The property is located at 3143 Kings Hwy Suffolk, VA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Corner parcel at Kings Hwy and Nansemond Pkwy in North Suffolk, cleared and ready for development; Approved plans for a 2,400 SF office building; Approved plans for a 2,000 SF warehouse
More about this property
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