Financial
Distress signals
Property profile

314 Washington St Suffolk, VA 23434

OFF-MARKET
Other commercial real estate
Property ID
US87-2303554
1,500 SF 0.06 ac lot Built 1980
Last sale Apr 2025 · $240,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1,500-square-foot office building located in downtown Suffolk, Virginia, set on a 0.06-acre lot. The interior layout includes a reception area, four private offices, custom built-in features, two restrooms, and space for administrative staff. The building is positioned across from the Suffolk Library and is situated near downtown restaurants and retail. It provides convenient access to Route 13, Route 58, and other major areas within Hampton Roads, making it configured for general office/administrative use.

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$136k
Assessed land$25k
Assessed improvement$111k
Effective rate1.20%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$330k

Realmo valuation models over county records and 11 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 comparables11

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
Building Supply10.3
Daycare Center9.9

Location

314 Washington St Suffolk, VA 23434-5302
County assessor Recorded deeds · 2 transfers 11 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
225 Knight, Suffolk, VA 23434-4714 $210,000 Jul 2025 1,209 SF
2370 Pruden, Suffolk, VA 23434-4331 $233,000 Jun 2025 960 SF
3016 Godwin, Suffolk, VA 23434-7119 $1,800,000 May 2025 1,650 SF
3024 Godwin, Suffolk, VA 23434-7119 $1,800,000 May 2025 1,170 SF
1301 Washington, Suffolk, VA 23434-3544 $245,500 May 2025 1,792 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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