Property summary
This exceptional 27-acre commercial land parcel presents a remarkable investment opportunity in Suffolk, Virginia. Located on Holland Road, the property boasts over 1,200 feet of frontage, providing excellent visibility and accessibility. Zoned B-2/M-1, this site is perfectly suited for a variety of retail developments. All utilities are available on-site, simplifying the development process. The property benefits significantly from strong submarket tailwinds, including a new $77 million road project slated for completion by the end of 2024. This infrastructure improvement will enhance connectivity and further increase the property's value and appeal. The area also shows robust growth with the addition of over 7.4 million square feet of industrial space to the market, plus another 4.2 million square feet proposed. This expansion has generated 4,800 new jobs, creating a thriving and expanding local economy. The strategic location and positive market dynamics make this 27-acre tract an exceptional opportunity for investors seeking high-growth potential in a rapidly developing area. The asking price is $6,475,000. This is a rare chance to acquire a substantial land holding in a prime location poised for significant future appreciation. Don't miss this chance to capitalize on the growth in Suffolk, VA.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight