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Financial
Distress signals
Property profile

5488 Nansemond Pkwy Suffolk, VA 23435

OFF-MARKET
Commercial real estate
Property ID
US87-2321024
20,973 SF 6.87 ac lot Built 2000
Last sale May 2026 · $7,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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.

Debts

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?
$59k
Tax billed · 2023
Assessed value$5.44M
Assessed land$319k
Assessed improvement$5.12M
Effective rate1.09%

Value estimate

· Oct 2026
$3.56M
$3.20M – $3.91M
CAP approach$3.92M
Submarket $/SF estimate$3.14M

Realmo valuation models over county records and 3 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 comparables3

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?
LIGHT INDUSTRIAL
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 Shop10.0
Electrical Service9.2
Plumbing Service8.9

Location

5488 Nansemond Pkwy Suffolk, VA 23435-2115
County assessor Recorded deeds · 2 transfers 3 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
5463 Nansemond, Suffolk, VA 23435-2114 $4,000,000 Aug 2024 20,000 SF
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
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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