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    271 Benton Rd Suffolk, VA 23434

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    For Lease
    Contact for pricing

    Suffolk, VA: Modern industrial space available.

    Lot size:
    977,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial property, located at 271 Benton Rd, Suffolk, VA 23434, offers 64,000 square feet of immediately available space within a larger 977,000 square foot distribution center. Built in 2024, the building boasts a 36-foot clear ceiling height, ideal for high-volume storage and operations. The space includes 178 dock-high doors, three dock-level loading doors, one grade-level loading door, and ample trailer parking. The loading docks are equipped with dock seals and task lights, and some feature 40,000 lb levelers. The property also features LED lighting with auto-sensors and column spacing of 50' x 54' with 60' speed bays. Two existing single-use, unisex restrooms are included, with office space available as a build-to-suit option. Situated on a 72-acre lot, this facility is zoned M-2 (Heavy Industrial) and benefits from excellent access to arterial highways via Route 58 Bypass (1/2 mile) and is only one stoplight away from the Virginia International Gateway (VIG). Additional advantages include Foreign Trade Zone (FTZ) and ICE Coffee Futures Eligibility. This institutionally owned property presents a rare opportunity for immediate occupancy in a prime location. The minimum divisible space is 64,000 square feet, with a maximum contiguous space of 64,000 square feet. The entire facility is equipped with an ESFR sprinkler system.

    Property Features for 271 Benton Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    977,000 SF
    Class
    A

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • ±64,000 SF of immediately available space in a new, Class A industrial building.
    • ESFR sprinkler system, 36' clear ceiling height, and LED lighting with auto‑sensors.
    • 50' x 54' column spacing with 60' speed bays.
    • 178 dock‑high doors, including three 9' x 10' dock‑level doors with seals and task lights, two with 40,000 lb levelers, and one grade‑level door.
    • Two existing unisex restrooms; office space available build‑to‑suit.
    • Ample trailer parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cubework Coworking Space UNIS Logistics Service

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.6031438
    Latitude
    36.7123726

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    FAQs

    What type of property is this?
    Distribution property - Suffolk, VA: Modern industrial space available.
    Where is this distribution property located?
    The property is located at 271 Benton Rd Suffolk, VA.
    What are key features of this property?
    This property features: ±64,000 SF of immediately available space in a new, Class A industrial building.; ESFR sprinkler system, 36' clear ceiling height, and LED lighting with auto-sensors.; 50' x 54' column spacing with 60' speed bays.
    Request Owner's contact information
    271 Benton Rd Suffolk, VA 23434
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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
    271 Benton Rd Suffolk, VA 23434
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