Financial
Distress signals
Property profile

118 Washington St Suffolk, VA 23434

OFF-MARKET
Commercial real estate
Property ID
US87-1758353
2,070 SF 0.02 ac lot Built 1925
Last sale Mar 2024 · $279,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$2k
Tax billed · 2023
Assessed value$131k
Assessed land$12k
Assessed improvement$119k
Effective rate1.20%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records and 6 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 comparables6

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.9
Parking Facility11.8
Dental Office11.7

Location

118 Washington St Suffolk, VA 23434-5229
County assessor Recorded deeds · 3 transfers 6 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
3016 Godwin, Suffolk, VA 23434-7119 $1,800,000 May 2025 1,650 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
300 Washington, Suffolk, VA 23434-5302 $385,000 Feb 2025 2,646 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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