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Property profile & analytics

158 Washington St Suffolk, VA 23434

  • Commercial real estate
  • 5,640 SF
  • 0.08 lot acres
Value Estimation
Location Intelligence
Property ID
US87-1453381
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

  • Commercial real estate

Property Details for 158 Washington St

Year built
1915
Lot size
0.08 lot acres
Property size
5,640 SF
Zone code
CENTRAL BUSINESS
Property type
Commercial real estate
APN
34G18(A)*313
APU
34G18A313

Description

This exceptional 2,932 square foot creative office space is located at 158-160 W. Washington Street in the heart of Suffolk, Virginia's Central Business District (CBD). The property, a two-story building constructed in 1915, sits on a 0.08-acre lot and offers a unique blend of professional office space and income-generating residential units. The first floor comprises a single-tenant, move-in ready office suite previously occupied by a law firm. This space boasts multiple private offices, a dedicated conference room, a convenient kitchenette, and ample restroom facilities. The second floor features two leased apartment units, providing a passive income stream for the owner. The entire building totals 5,640 square feet. The zoning designation is CBD, reflecting its prime location within the city's commercial core. This presents a rare opportunity for an owner-user to acquire a well-maintained, historic building with immediate occupancy in a thriving downtown area. The property's combination of office and residential space offers significant potential for both immediate use and long-term investment.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $330,000
  • CAP approach

    CAP return
    Estimation
    6%
    $355,000
    6.5%
    $345,000
    7%
    $345,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $300,000
    Geo Method
    $345,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $325,000
    Retail
    $250,000
    Mixed-Use
    $320,000
    Hospitality
    $300,000
    Educational
    $245,000
    Residential Income
    $270,000
    Energy
    $270,000
    Income-Based Land
    $270,000
    Food Service
    $250,000

Location Insight

  • Map
  • Local Demand
City
Suffolk
County
Suffolk City
State
Virginia
Longitude
-76.5844
Latitude
36.7289
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
$6,621
$41,800
$512,300
$554,100
-
$41,800
$512,300
$554,100
More about this property
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