Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Meadow Country Rd Suffolk, VA 23434
    Back to Search
    Property profile & analytics

    Meadow Country Rd, Suffolk, VA 23434

    View on Map
    • Land
    • 1 SF
    • 43.85 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Meadow Country Rd

    Lot size
    43.85 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 43.85-acre industrial property in Suffolk County offers a rare opportunity for significant development. The land is zoned M-2, allowing for a wide range of heavy industrial uses, including food processing and manufacturing, heavy equipment manufacturing, truck terminal operations, warehouse and freight storage, and general warehousing and wholesaling. The M-2 zoning also permits certain uses with a conditional use permit (CUP), such as auto storage lots, container depots, aggregate storage, and borrow pits. This expansive site provides ample space for large-scale industrial projects, benefiting from its strategic location and access to transportation and public services. The property consists of two available parcels, totaling 43.85 acres, with parcel numbers 44*119 and 44*118. The property's size and zoning make it ideal for businesses requiring significant space and the ability to engage in heavy industrial activities. This is a unique opportunity to acquire a substantial land parcel in a desirable Suffolk County location, well-suited for a variety of industrial uses. Interested parties should investigate the specific permitted uses and any necessary CUP applications.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.597
    Latitude
    36.6681

    Comparable in this City

    • Value Estimation by Request
      43.85 Acres

      Suffolk Va 23434

      Land
      0 Suffolk Va 23434, Suffolk, VA 23434
      View Details
    • Value Estimation by Request
      87.00 Acres

      1700 Main St

      Land
      1700 Main St, Suffolk, VA 23434
      View Details
    • Value Estimation by Request
      27.00 Acres

      Holland Rd

      Land
      0 Holland Rd, Suffolk, VA 23434
      View Details
    • Value Estimation by Request
      1.36 Acres

      Hillpoint Blvd

      Land
      0 Hillpoint Blvd, Suffolk, VA 23434
      View Details
    • Value Estimation by Request
      5.23 Acres

      Suffolk VA Holland Rd & Enterprise Dr

      Land
      Suffolk VA Holland Rd & Enterprise Dr, Suffolk, VA 23434
      View Details
    • Value Estimation by Request
      977,000 SF

      271 Benton Rd

      Distribution properties
      271 Benton Rd, Suffolk, VA 23434
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development Opportunity in Suffolk, Virginia

      Two-story buildings with additional acreage for future development.
      200 Kilby Shores Dr, Suffolk, VA 23434
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1912 Holland Rd, Suffolk, VA 23434
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1350 Carolina Rd, Suffolk, VA 23434
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1420 Carolina Rd, Suffolk, VA 23434
      View Details
    • Contact for pricing

      Land Available in Suffolk, VA

      Land available for sale at 1600 Nansemond Pkwy, Suffolk, VA.
      1600 Nansemond Pkwy, Suffolk, VA 23434
      View Details
    • Contact for pricing

      Suffolk Land Parcel For Sale

      Land parcel available in Suffolk, Virginia.
      2333-2345 Pruden Blvd, Suffolk, VA 23434
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      13 Acre Stabilized Wareyard

      13-acre stabilized wareyard with shop, office trailer, and security.
      1326 Portsmouth Blvd, Suffolk, VA 23434
      View Details
    • Contact for pricing

      New Industrial Facility Under Construction

      New 450,000 SF industrial facility near the Port of Virginia.
      271 Benton Rd, Suffolk, VA 23434
      View Details
    • $10 SF/Yr

      Suffolk Industrial Space Available

      60,000 SF industrial space near Port of Virginia.
      1368 Progress Rd, Suffolk, VA 23434
      View Details
    • Contact for pricing
      126,000 SF

      Class A Warehouse Space Available

      Class A warehouse space near the Port of Virginia.
      Virginia Regional Dr And Northfield Dr, Suffolk, VA 23434
      View Details
    • Contact for pricing

      New Industrial Warehouse For Lease

      64,000 SF new construction warehouse with immediate occupancy.
      271 Benton Rd, Suffolk, VA 23434
      View Details
    • Contact for pricing
      342,640 SF

      Suffolk Warehouse with Trailer Parking

      342,640 SF warehouse with heavy trailer parking available for lease.
      301 Kenyon Rd, Suffolk, VA 23434
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Meadow Country Rd
    Suffolk, VA 23434
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Meadow Country Rd, Suffolk, VA, 23434
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!