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    2333 Pruden Blvd Suffolk, VA 23434

    For Sale
    $995,000

    2.56 Acres, Commercial/Industrial

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.56-acre development site, located at 2333 & 2345 Pruden Boulevard in Suffolk, Virginia (zip code 23434), presents a prime opportunity for commercial or industrial development. The property is zoned Commercial/Industrial, offering flexibility for a variety of uses. Ideal uses could include a drug store, restaurant, convenience store, fast food establishment, auto dealership, or retail shops. The high-traffic location boasts excellent visibility and accessibility. Pruden Boulevard sees 25,000 vehicles per day, while nearby Godwin Boulevard sees 20,507 vehicles per day, ensuring significant exposure for any business. The asking price is $995,000. This represents a compelling investment opportunity in a thriving area of Suffolk, Virginia. The property is being sold as land, allowing for complete design and construction flexibility to suit the buyer's specific needs and vision. This is a rare chance to acquire a substantial parcel of land in a high-demand location with significant development potential. Don't miss this chance to secure a prime piece of Suffolk real estate.

    Property Features for 2333 Pruden Blvd

    General Information

    Property type
    Land
    Lot Size
    111,514 SF

    HighLights

    • 2.56‑acre development site in Suffolk, VA.
    • Suitable for drug stores, restaurants, convenience stores, fast food, auto dealerships, or retail.
    • High traffic location: Pruden Blvd (25,000 VPD) and Godwin Blvd (20,507 VPD).
    • Commercial/Industrial zoning.
    • Land sale; offers design flexibility.
    • $995,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.5884739
    Latitude
    36.7604559

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    FAQs

    What type of property is this?
    Land - 2.56 Acres, Commercial/Industrial
    Where is this land located?
    The property is located at 2333 Pruden Blvd Suffolk, VA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 2.56-acre development site in Suffolk, VA.; Suitable for drug stores, restaurants, convenience stores, fast food, auto dealerships, or retail.; High traffic location: Pruden Blvd (25,000 VPD) and Godwin Blvd (20,507 VPD).
    Request Owner's contact information
    2333 Pruden Blvd Suffolk, VA 23434
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    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
    2333 Pruden Blvd Suffolk, VA 23434
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