0 Shoulders Hl And Bob Whites Ln Suffolk, VA 23435
This exceptional 16.35-acre parcel, located at the intersection of Shoulders Hill and Bob Whites Lane in Suffolk County, presents a unique opportunity for industrial development. The property boasts a total land area of 136,000 square feet and is zoned M-2 (Heavy Industrial), allowing for a wide range of uses. Tenancy is single, providing a significant opportunity for a large-scale operation. Approximately 10 acres of the land are uplands, offering versatile development potential. Existing utilities are available on-site, simplifying the construction process. The property's zoning permits the development of up to 136,000 square feet of building space. Furthermore, this location offers the added benefit of Foreign Trade Zone eligibility, potentially reducing import/export costs and streamlining international business operations. The owner is willing to consider subdividing the land to accommodate specific development needs. Interested parties should contact the listing agent for rental rate information and to discuss further details regarding this prime industrial land opportunity. This is a rare chance to acquire a substantial, well-located industrial site with significant development potential in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.