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    Northgate Commerce Pkwy Suffolk, VA 23435

    For Lease
    Contact for pricing

    Modern, divisible cold storage near Port of Virginia

    Lot size:
    239,765 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A, 239,765-square-foot refrigerated/cold storage facility offers flexible space options, ranging from 100,000 to 239,765 contiguous square feet. Located on 20 acres in Northgate Commerce Park, adjacent to a major Amazon fulfillment center, this strategically positioned property boasts unparalleled access to major interstates (I-164, I-664, I-64, I-264, US-58, and US-460), providing seamless connectivity to the Port of Virginia. The building features 38 dock-high doors and one drive-in door, supported by ample trailer (47 spaces, with potential for expansion) and employee parking (52 spaces). The 50-foot ceiling height and column spacing of 56' x 50' with a 60' speed bay maximize efficiency. Built in 2023, this state-of-the-art facility includes LED lighting, an ESFR dry TYCO Quell fire suppression system, and is designed for approximately 29,000 pallet positions. The facility is convertible for freezer (-10°F to +55°F) and cooler (+35°F) applications, and includes a full dock door package with pits, levelers, mechanical doors, and 360° dock seals. M-2 (Heavy Industrial) zoning and Foreign Trade Zone eligibility further enhance its appeal. This institutionally owned property offers a rare opportunity to secure prime cold storage space in a high-demand location.

    Property Features for 0 Northgate Commerce Pkwy

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    239,765 SF
    Class
    A

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    239,765 SF

    HighLights

    • Class A, 239,765 SF refrigerated/cold storage facility available for lease.
    • Subdividable space from 100,000 SF to the full 239,765 SF.
    • Features 38 dock‑high doors, 1 drive‑in door, and 50' clear ceiling height.
    • Located on 20 acres with ample trailer and employee parking.
    • M‑2 (Heavy Industrial) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Map

    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.4743925
    Latitude
    36.8128896

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Modern, divisible cold storage near Port of Virginia
    Where is this refrigerated / cold storage located?
    The property is located at Northgate Commerce Pkwy Suffolk, VA.
    What are key features of this property?
    This property features: Class A, 239,765 SF refrigerated/cold storage facility available for lease.; Subdividable space from 100,000 SF to the full 239,765 SF.; Features 38 dock-high doors, 1 drive-in door, and 50' clear ceiling height.
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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

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    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
    Northgate Commerce Pkwy Suffolk, VA 23435
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