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    Suffolk VA Holland Rd & Enterprise Dr Suffolk, VA 23434

    Sponsored
    For Sale
    Contact for pricing

    5.23-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.23-acre commercial land parcel presents a unique investment opportunity within the thriving Virginia Port Logistics Park in Suffolk, Virginia. Situated on the highly visible Holland Road (Route 58) business corridor, this Lot 39 property benefits from excellent accessibility and high traffic volume. The recent widening of Route 58 from four to six lanes (completion anticipated Fall 2024) will further enhance visibility and ease of access. The property is zoned B-2, allowing for a variety of commercial uses. Its location within the larger 932-acre Virginia Port Logistics Park places it in close proximity to numerous major distribution centers, creating a strategic advantage for businesses seeking a strong logistical presence. The site also offers the added benefit of retail pad availability at a signalized entrance, providing potential for synergistic development. This prime location, combined with the upcoming infrastructure improvements and the established industrial environment, makes this parcel an ideal choice for businesses seeking a prominent and easily accessible location in a rapidly growing area. The property's 5.23 acres provide ample space for a variety of development projects, catering to diverse commercial needs. The zip code is 23434. The property is located at the intersection of Holland Road and Enterprise Drive in Suffolk, Virginia.

    Property Features for Suffolk VA Holland Rd & Enterprise Dr

    General Information

    Property type
    Land
    Lot Size
    227,819 SF

    HighLights

    • 5.23‑acre commercial lot in Suffolk, VA's Virginia Port Logistics Park.
    • High‑visibility location on Holland Road (Route 58) with high traffic counts.
    • B‑2 zoning allows for diverse commercial uses.
    • Proximity to major distribution centers offers logistical advantages.
    • Retail pad availability at a signalized entrance.
    • Located at Holland Road and Enterprise Drive, zip code 23434.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.675773
    Latitude
    36.7119346

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    FAQs

    What type of property is this?
    Land - 5.23-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Suffolk VA Holland Rd & Enterprise Dr Suffolk, VA.
    What are key features of this property?
    This property features: 5.23-acre commercial lot in Suffolk, VA's Virginia Port Logistics Park.; High-visibility location on Holland Road (Route 58) with high traffic counts.; B-2 zoning allows for diverse commercial uses.
    (757) 630-0249
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Suffolk VA Holland Rd & Enterprise Dr Suffolk, VA 23434
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