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Property profile & analytics

1137 Progress Rd Suffolk, VA 23434

  • Commercial real estate
  • 12,000 SF
  • 4.27 lot acres
Value Estimation
Location Intelligence
Property ID
US87-2320010
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • ProAmPac / Corporate Office

Property Details for 1137 Progress Rd

Year built
1996
Lot size
4.27 lot acres
Property size
12,000 SF
Zone code
HEAVY INDUSTRIAL
Property type
Commercial real estate
APN
26*33N
APU
2633N

Description

This exceptional 53,320-square-foot industrial property, located at 1137 Progress Road in Suffolk, Virginia (zip code 23434), presents a significant opportunity for businesses seeking a versatile manufacturing or warehouse space. Built in 1968 and renovated in 1996, the single-tenant building sits on a 5.17-acre lot within the Wilroy Industrial Park, offering convenient access to major transportation routes and the Port of Virginia. The property features a high ceiling ranging from 16 to 19 feet, providing ample vertical space for operations. Three loading docks ensure efficient loading and unloading of goods. The building is currently vacant and ready for immediate occupancy. The property boasts M-2 zoning and substantial power capacity (M-2, Heavy Manufacturing), making it suitable for a wide range of industrial uses. The building's load factor is 3. This prime location and robust infrastructure make this property an ideal choice for businesses seeking to establish or expand their operations in the thriving Suffolk market. The property's size, features, and location combine to offer a compelling investment opportunity. Serious inquiries are encouraged.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Suffolk
County
Suffolk City
State
Virginia
Longitude
-76.5446
Latitude
36.7707
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,592
$219,000
$1,761,900
$1,980,900
-
$219,000
$1,761,900
$1,980,900
More about this property
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