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Industrial Land with Dual 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 Market2773

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: Aug 28 Last Checked: Sep 13 at 11:06PM
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.

Investment Insights

Based on property information with market context.

This industrial land parcel is zoned M2 and extends along both the east and west sides of Shoulders Hill Road. The property is located in Suffolk’s Northeast Corridor, near Northgate Industrial Park and within minutes of Interstate 664. Its road frontage and industrial zoning provide a clearly defined land-use profile for commercial and industrial planning considerations.

Key Highlights

  • M2 zoning supports an industrial land‑use profile
  • Fronts both the east and west sides of Shoulders Hill Road
  • Located 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

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-zoned industrial land with frontage on both sides of Shoulders Hill Road.
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 supports an industrial land‑use profile; Fronts both the east and west sides of Shoulders Hill Road; Located near Northgate Industrial Park
More about this property
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