Waterfront

Suffolk, VA Waterfront Land for Sale

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Waterfront Residential Land Lot
Updated: Jul 16
Waterfront Residential Land Lot

1624 W Adams Drive, Suffolk, VA 23436

$239,900
1.64 AC lot
Waterfront lot on Sleepy Lake with lake frontage
Approx. 1.64‑acre lot that is fully wooded
Located in the Sleepy Lake neighborhood in North Suffolk
Convenient drive distances: about 15 miles to Norfolk and 13 miles to Newport News
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Land and Farms, Suffolk, VA
Updated: Sep 2
Land and Farms, Suffolk, VA

4125 River Park Dr, Suffolk, VA 23435

$995,000
2.96 AC lot
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Waterfront Agricultural Land
Waterfront Agricultural Land

21 acr Kings Highway, Suffolk, VA 23432

$1,529,900
21.00 AC lot

Agricultural acreage with Cedar Creek access, mature trees, and road frontage along Kings Highway.

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See hot listings in Suffolk

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Land
Land

4125 River Park Dr, Suffolk, VA 23435

$995,000

Waterfront Land

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Land
Land

Lot197 Raintree Circle, Suffolk, VA 23435

$225,000

Waterfront Land

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Vacant Land
Vacant Land

3424 Raintree Cir, Suffolk, VA 23435

$189,000

Waterfront Land

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Land
Land

L195 Raintree Circle, Suffolk, VA 23435

$225,000

Waterfront Land

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Land
Land

1624 W Adams Dr, Suffolk, VA 23436

$239,900

Residential land & home lots

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Land
Land

Lot129 Patriots Walke Dr, Suffolk, VA 23434

$220,000

Residential land & home lots

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Land
Land

LOT 22 Johnson Ave, Suffolk, VA 23434

$40,000

Residential land & home lots

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Suffolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Creekfront Homesite with Pier Potential
Creekfront Homesite with Pier Potential

Lot129 Patriots Ridge, Carrollton, VA 23314

$220,000
0.80 AC lot

Build a custom waterfront home on a wooded creekfront homesite with potential pier access for kayaking.

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Land
Land

109 Ships Landing, Carrollton, VA 23314

$299,999

Residential land & home lots

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Industrial Land with Waterfront Access
Industrial Land with Waterfront Access

960 & 969 Michael Dr, Chesapeake, VA 23323

Contact for pricing

M-1 Light Industrial land with utility service, waterfront access, and an established industrial setting.

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Canal-Front Commercial Land
Canal-Front Commercial Land

Par B George Washington Highway S, Chesapeake, VA 23323

$200,000
0.56 AC lot

B-1-zoned commercial land with canal frontage and highway exposure opposite a shopping center.

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Suffolk, VA Waterfront Land Market Trends and Statistics

Explore 10 waterfront land for sale in Suffolk, VA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 1,115,136 square feet of properties for sale, with an estimated market value of $4,898,700.

Sale prices for water rights properties in Suffolk, VA start at $40,000, averaging $489,870, and reaching up to $1,529,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 47
Residential land & home lots 44
Industrial land 32
Agricultural land / Farmland 18
Waterfront Land 9

Demographics Overview

Population 96K
Population Growth (5Y) +5.2%
Median Household Income $90,027
College Educated 44.4%

High-Yield Neighborhoods for Investment

Identify Suffolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23434 $135K
23436 $265K
23435 $607.8K
23432 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $27.23 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Suffolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Suffolk fall within the under-1-acre range.

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