Heavy Industrial
For Sale
$1,250,000
768 Carolina Road, Suffolk, VA 23434
COMMERCIAL - Suffolk, VA
Property SizeContact for details
Lot Size8.50 Acres
Days on Market87
Property Features for 768 Carolina Road
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
ALL OTHERS AREA 62
Standard status
Active
Lot size
8.50 Acres
Taxes and HOA fees
Tax Annual Amount
4042
Listing Agency:
ONYX Realty Professionals
(757) 278-3945
Listed By:
Shonda Taylor
(757) 278-3945
Added: May 11
Changed: Aug 4
Last Checked: Aug 5 at 6:06PM
MLS# 10633981
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Investment Insights
Based on property information with market context.
This 8.50-acre industrial land assemblage consists of two parcels with level topography and a rectangular site configuration. The property offers approximately 291 feet of road frontage, an average depth of 1,549 feet, and two access points on Carolina Road. An existing structure conveys with no contributory value; the underlying land represents the primary asset.
The site is positioned within Suffolk’s Whaleyville corridor and has immediate access to the Route 58 Bypass. It lies within Suffolk’s Central Growth Area and is designated as an Employment Center in the City’s Suffolk 2045 Comprehensive Plan. The property conforms to M-2 Heavy Industrial District dimensional requirements and is considered an area of minimal flood hazard. Buyers should verify zoning, development requirements, and utility availability with the City of Suffolk.
The site is positioned within Suffolk’s Whaleyville corridor and has immediate access to the Route 58 Bypass. It lies within Suffolk’s Central Growth Area and is designated as an Employment Center in the City’s Suffolk 2045 Comprehensive Plan. The property conforms to M-2 Heavy Industrial District dimensional requirements and is considered an area of minimal flood hazard. Buyers should verify zoning, development requirements, and utility availability with the City of Suffolk.
Key Highlights
- 8.50 acres of industrial land across a two‑parcel assemblage
- Approximately 291 feet of road frontage with an average depth of 1,549 feet
- Two access points on Carolina Road
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 23434, VA
51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Level industrial acreage with M-2 zoning, dual Carolina Road access, and proximity to the Route 58 Bypass.
Where is this industrial land located?
The property is located at 768 Carolina Road Suffolk, VA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 8.50 acres of industrial land across a two‑parcel assemblage; Approximately 291 feet of road frontage with an average depth of 1,549 feet; Two access points on Carolina Road
