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M2-Zoned Industrial Land
For Sale
$10,900,000

4689 Shoulders Hill Road, Suffolk, VA 23435

M2 zoning with road frontage on both sides of Shoulders Hill Road in Suffolk.

Property Size999,999 SF
Price / SF$10.90
Days on Market2783

Property Features for 4689 Shoulders Hill Road

General Information

Standard status Active
Size 999,999 SF
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $11,170
Listing Agency: BHHS RW Towne Realty
Listed By: Melinda Marven
Source: Exitrealty
Added: Feb 11, 2019 Changed: Sep 2 Last Checked: Sep 15 at 4:32AM

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 BHHS RW Towne Realty

Investment Insights

Based on property information with market context.

This industrial land tract encompasses approximately 302 acres and carries M2 zoning. The property extends along both the east and west sides of Shoulders Hill Road, providing a substantial roadside presence across the tract.

The site is positioned near Northgate Industrial Park and within minutes of Route 664, connecting it with the Hampton Roads area. Its Suffolk location and industrial zoning support consideration for uses consistent with the applicable M2 designation.

Key Highlights

  • Approximately 302 +/- acres of industrial land
  • M2 zoning
  • Frontage on both the east and west sides of Shoulders Hill Road

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Restaurant Law Firm HVAC Service Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

32
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Industrial land - M2 zoning with road frontage on both sides of Shoulders Hill Road in Suffolk.
Where is this industrial land located?
The property is located at 4689 Shoulders Hill Road Suffolk, VA.
What is the asking price?
The asking price for this property is $10,900,000.
What are key features of this property?
This property features: Approximately 302 +/- acres of industrial land; M2 zoning; Frontage on both the east and west sides of Shoulders Hill Road
More about this property
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