Financial
Distress signals
Property profile

300 Washington St Suffolk, VA 23434

OFF-MARKET
Commercial real estate
Property ID
US87-2372261
2,646 SF 0.1 ac lot Built 1900
Last sale Feb 2025 · $385,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$311k
Assessed land$39k
Assessed improvement$272k
Effective rate0.39%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$505k
CAP approach$495k
Submarket $/SF estimate$576k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$176/SF
ZIP average, outlier-cleaned · 190 recorded sales of this use type
Observed band · Q1–Q3$102 – $296
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CENTRAL BUSINESS
JurisdictionSUFFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.6
Daycare Center9.9
Plumbing Service9.7

Location

300 Washington St Suffolk, VA 23434-5302
County assessor Recorded deeds · 3 transfers 15 qualifying comp sales Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1260 Carolina, Suffolk, VA 23434-8727 $1,400,000 Dec 2025 2,390 SF
438 Main, Suffolk, VA 23434-4425 $277,000 May 2025 2,723 SF
1301 Washington, Suffolk, VA 23434-3544 $245,500 May 2025 1,792 SF
853 Carolina, Suffolk, VA 23434 $700,000 Apr 2025 2,520 SF
810 Washington, Suffolk, VA 23434-3927 $500,000 Feb 2025 3,996 SF
2674 Carolina, Suffolk, VA 23434-7720 $125,000 Feb 2025 2,020 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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