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Industrial Land with Road Frontage
For Sale
$10,900,000

4689 Shoulders Hill Road, Suffolk, VA 23435

Commercial/Industrial, Suffolk, VA

Property Size999,999 SF
Lot Size351.00 Acres
Price / SF$10.90
Days on Market2820

Property Features for 4689 Shoulders Hill Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning M2
Subdivision SHOULDERS HILL
Standard status Active
Size 999,999 SF
Lot size 351.00 Acres

Taxes and HOA fees

Tax Annual Amount 11170
Listing Agency: BHHS RW Towne Realty · Berkshire Hathaway HomeServices
Listed By: Barbara Wolcott
Added: Feb 9, 2019 Changed: Oct 2 Last Checked: Oct 30 at 5:06AM
MLS# 10239951

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This M2-zoned industrial land fronts both the east and west sides of Shoulders Hill Road, creating a substantial contiguous holding for industrial land uses supported by the stated zoning. The property is located near Northgate Industrial Park and offers convenient access to Interstate 664, with the corridor connecting to the broader Hampton Roads area.

The site is positioned in Suffolk, Virginia, and its two-sided road frontage provides direct exposure along Shoulders Hill Road. Its proximity to an established industrial park and regional highway access are the primary documented location attributes.

Key Highlights

  • M2 zoning
  • Frontage on both the east and west sides of Shoulders Hill Road
  • Near Northgate Industrial Park

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

36
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

Frequently Asked Questions

What type of property is this?
Industrial land - M2-zoned land with frontage on both sides of Shoulders Hill Road near Northgate Industrial Park.
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: M2 zoning; Frontage on both the east and west sides of Shoulders Hill Road; Near Northgate Industrial Park
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