Property summary
This exceptional mixed-use property, located at 300 W Washington Street in Suffolk, VA, presents a compelling investment opportunity. Situated on a 0.1-acre lot in the heart of Suffolk's revitalization area, this building offers approximately 5200 square feet of space (per seller). The ground floor boasts approximately 1800 square feet of commercial space currently leased to an eatery and retail tenant, providing immediate rental income. Upstairs, two completely renovated apartments generate… additional revenue streams. One apartment features two bedrooms and one bathroom, while the other offers three bedrooms and one bathroom. Both apartments include updated electrical systems, plumbing, HVAC systems, and in-unit washer/dryer hookups. The building has been significantly improved with a new commercial composite roof. A large, open area on the upper floor adds to the building's unique character and overall square footage. The apartments are currently leased, ensuring a consistent income stream for the investor. The property's prime location directly across from the planned new library and downtown park/venue site positions it for significant future appreciation. This is a rare chance to acquire a high-yield property in a rapidly developing area of Suffolk. The combination of commercial and residential income streams makes this an attractive investment for those seeking strong returns and long-term growth potential. The property is priced at $395,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 15 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,646 SF
- Lot area
- 0.1 ac
- Year built
- 1900
- APN
- 34G17(A)*134
- Zoning
- CENTRAL BUSINESS
- Assessed value · 2023
- $310,900
- Annual tax · 2023
- $1,224
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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