Financial
Distress signals
Property profile

2500 Washington St Suffolk, VA 23434

OFF-MARKET
Other commercial real estate
Property ID
US87-2378173
39,470 SF 7.5 ac lot Built 2006
Last sale Dec 2025 · $4,400,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a combined office and open retail facility with convenient access from Portsmouth Boulevard (460 Business) and to Downtown. It includes both office areas and a large open retail/commons space with a 30-foot ceiling height, along with interior and exterior finish construction and ample on-site parking. The property is zoned RLM and has a total building area of 39,470 square feet.

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?
$33k
Tax billed · 2023
Assessed value$3.00M
Assessed land$332k
Assessed improvement$2.67M
Effective rate1.09%

Value estimate

· Sep 2026
$4.82M
$4.33M – $5.30M
Submarket $/SF estimate$5.55M

Realmo valuation models over county records.

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

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?
RES LOW-MEDIUM DENSITY
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 agency13.1
Law Firm13.0
Hair Salon11.5

Location

2500 Washington St Suffolk, VA 23434-2624
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
1002 Obici Industrial, Suffolk, VA 23434-5474 $2,700,000 Jul 2025 18,972 SF
118 Constance, Suffolk, VA 23434-4411 $5,570,000 Jun 2025 14,490 SF
714 Washington, Suffolk, VA 23434-4011 $90,000 May 2025 5,442 SF
438 Main, Suffolk, VA 23434-4425 $277,000 May 2025 2,723 SF
300 Washington, Suffolk, VA 23434-5302 $385,000 Feb 2025 2,646 SF
810 Washington, Suffolk, VA 23434-3927 $500,000 Feb 2025 3,996 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2500 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message