Property summary
This exceptional 87-acre commercial land parcel presents a rare redevelopment opportunity in Suffolk, Virginia. Located at 1700 N Main Street (US-460 Business, SR-10, SR-32), this property boasts over 350 feet of frontage on N Main Street and an impressive 4,000+ feet of waterfront access on the navigable Nansemond River, extending to the Chesapeake Bay. The site includes all utilities and features over 30 existing structures totaling more than 150,000 square feet. Currently zoned B-2, this location aligns perfectly with both the Suffolk 2035 and the draft Suffolk 2045 comprehensive plans, which encourage mixed-use development. This unique property offers unparalleled potential for a variety of commercial ventures, capitalizing on its prime location, extensive waterfront access, and significant existing infrastructure. Proposals are due June 20, 2024. A video showcasing the property is available online. Contact us for further details and to discuss this exciting investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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State Government Office
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Corporate Office
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Department Of Transportation
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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