Financial
Distress signals
Property profile

400 Washington St Suffolk, VA 23434

OFF-MARKET
Other commercial real estate
Property ID
US87-1133763
1,500 SF 0.08 ac lot Built 1950
Last sale Mar 2026 · $101,007
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building with frontage and approximately 1,500 square feet of interior space, situated on a lot of about 0.08 acres. It is located in a CBD (Central Business District) zoning area, making it suitable for a range of uses such as retail, specialty food service (e.g., an ice cream shop), automotive service, or professional office use including home healthcare offices. The building’s layout is configured to allow tenant customization and is positioned to serve foot and vehicle traffic from the surrounding area.

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?
$1k
Tax billed · 2023
Assessed value$97k
Assessed land$32k
Assessed improvement$65k
Effective rate1.20%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$320k

Realmo valuation models over county records and 10 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 comparables10

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

400 Washington St Suffolk, VA 23434-5304
County assessor Recorded deeds · 2 transfers 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
225 Knight, Suffolk, VA 23434-4714 $210,000 Jul 2025 1,209 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
314 Washington, Suffolk, VA 23434-5302 $240,000 Apr 2025 1,500 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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