Suffolk Va 23434 Suffolk, VA 23434
- Land
- 43.85 lot acres
Current Use by Public Records
- Land
Property Details for 0 Suffolk Va 23434
- Lot size
- 43.85 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 43.85-acre industrial property in Suffolk, Virginia, presents a significant investment opportunity. Zoned M-2 Heavy Industrial, it's ideally suited for a wide range of uses, including food processing, heavy equipment manufacturing, warehousing, and freight storage. Permitted uses also encompass truck terminal operations and general wholesaling. Conditional Use Permits (CUPs) could allow for additional uses such as auto storage, container depots, and aggregate storage. The property boasts excellent access to utilities, including Dominion Energy transmission lines, Virginia Natural Gas, City of Suffolk water (12" line), and HRSD sewer (8" line at Airport Road). Telecommunications are provided by Cox and Verizon. Preliminary wetlands delineation, plat, and geotechnical studies are available. The site comprises two parcels (APN 44*119 and 44*118), with estimated developable acreage totaling approximately 31.44 acres. Located within a Foreign Trade Zone 20, the property is eligible for various local, state, and port-sponsored grants. The Airport Overlay District ensures no residential development is permitted, preserving the industrial nature of the area. Soil types consist primarily of Eunola, Goldsboro, Lynchburg, and Rains fine sandy loams, situated on slopes ranging from 0% to 6%. This prime location offers significant potential for industrial development and is offered at an attractive asking price of $75,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Suffolk
- County
- Suffolk
- State
- Virginia
- Longitude
- -76.5951
- Latitude
- 36.6645
