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Property profile

0 Shoulders Hl And Bob Whites Ln Suffolk, VA 23435

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 16.35-acre parcel of land, situated in Suffolk, Virginia, presents a compelling investment opportunity. The property boasts 10 acres of uplands and is conveniently located at the intersection of Shoulders Hill and Bob Whites Lane, zip code 23435 (36.8383918, -76.4628732). Zoned M-2 for heavy industrial use, this site offers significant development potential, allowing for the construction of up to 136,000 square feet of industrial space. Utilities are already available on-site, streamlining the development process and reducing upfront costs. The property is eligible for Foreign Trade Zone designation, providing potential tax advantages and logistical benefits for businesses involved in international trade. The seller is willing to subdivide the land to accommodate various project sizes and investor needs. Priced at $300,000 per acre, this represents a strong value proposition in a thriving industrial market. This prime location in Suffolk, VA offers easy access to major transportation arteries, making it an ideal location for distribution centers, manufacturing facilities, or other heavy industrial uses. Contact us today to explore the possibilities of this exceptional industrial land offering.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Shoulders Hl And Bob Whites Ln Suffolk, VA 23435
Suffolk metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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