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    3803 Bridge Rd Suffolk, VA 23435

    Sponsored
    For Sale
    $10,176,000

    20 Acres, B-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20.12-acre commercial land parcel presents a compelling investment opportunity in Suffolk, Virginia. Strategically located at 3803 Bridge Rd, zip code 23435, the property boasts excellent visibility and accessibility. The site is zoned B-2 – General Commercial, offering a wide range of development possibilities. A portion is also zoned RR - Rural Residential District, providing additional flexibility for future plans. The asking price is $10,176,000. Its prime location offers significant advantages for businesses seeking high traffic exposure. Frontage on Shoulders Hill Road provides access to a fully signalized intersection at Bridge Road/Route 17, ensuring convenient ingress and egress for customers and employees. The property's substantial size allows for the development of large-scale commercial projects, potentially including retail, office, or mixed-use developments. Given its proximity to Harbour View and Sentara, the location benefits from a strong existing infrastructure and a thriving community. This is a rare opportunity to acquire a significant land holding in a rapidly developing area with excellent potential for substantial returns. The latitude and longitude coordinates are 36.861102, -76.460951 respectively. Serious inquiries are encouraged.

    Property Features for 3803 Bridge Rd

    General Information

    Property type
    Land
    Lot Size
    876,427 SF

    HighLights

    • B2 General Commercial zoning allows for a wide range of commercial uses.
    • RR Rural Residential zoning permits residential development, subject to applicable density and setback regulations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.460951
    Latitude
    36.861102

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    FAQs

    What type of property is this?
    Land - 20 Acres, B-2 Zoning, High Visibility
    Where is this land located?
    The property is located at 3803 Bridge Rd Suffolk, VA.
    What is the asking price?
    The asking price for this property is $10,176,000.
    What are key features of this property?
    This property features: B2 General Commercial zoning allows for a wide range of commercial uses.; RR Rural Residential zoning permits residential development, subject to applicable density and setback regulations.;
    (757) 640-9290
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    3803 Bridge Rd Suffolk, VA 23435
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    Suffolk, VA 23435
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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
    3803 Bridge Rd Suffolk, VA 23435
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