Financial
Distress signals
Property profile

3219 Bridge Rd Suffolk, VA 23435

FOR SALE
Commercial real estate
Property ID
US87-2342934
7,432 SF 1.03 ac lot Built 1995
Last sale Jun 2024 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail property, located at 3219 Bridge Rd in Suffolk, Virginia (zip code 23435), presents a compelling investment opportunity. The 1.03-acre lot encompasses a total of 18,835 square feet, with 7,420 square feet of net rentable space. The property is situated within the thriving Bennett's Creek Shopping Center, anchored by a Food Lion grocery store, and enjoys close proximity to Creekside Village Shopping Center, anchored by Taylor's Do It Center. This prime location…

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?
$8k
Tax billed · 2023
Assessed value$763k
Assessed land$190k
Assessed improvement$573k
Effective rate1.09%

Value estimate

· Sep 2026
$1.10M
$990k – $1.21M
AI approach$1.10M
CAP approach$1.39M
Submarket $/SF estimate$1.09M
NOI build-up
Gross scheduled income$89k
Vacancy & credit loss−$5k
Operating expenses−$25k
NOI · 3.27% cap applied$59k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$147 – $475
Qualifying comparables10

Cap rate analysis

How does the asset earn?
3.27%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GENERAL COMMERCIAL
JurisdictionSUFFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop12.6
Building Supply11.7
Law Firm10.9

Location

3219 Bridge Rd Suffolk, VA 23435
County assessor Recorded deeds · 1 transfer 10 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
6116 College, Suffolk, VA 23435-3684 $806,443 May 2024 5,056 SF
8032 Harbour Vw, Suffolk, VA 23435-2940 $3,800,000 May 2024 14,406 SF
3885 Brg, Suffolk, VA 23435-1908 $1,900,000 Mar 2024 6,000 SF
3881 Brg, Suffolk, VA 23435-1908 $1,900,000 Mar 2024 5,086 SF
5665 Shoulders Hl, Suffolk, VA 23435-2362 $5,500,000 Feb 2024 4,386 SF
6535 Hampton Rds, Suffolk, VA 23435-3482 $2,830,000 Jan 2023 4,800 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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