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    Suffolk, VA
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    Suffolk, VA Single Family Properties for Sale

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    Heavy Industrial Land Lot
    Updated: Jan 16
    Heavy Industrial Land Lot

    127 Philhower Drive, Suffolk, VA 23434

    $124,900
    1,088 sqft 0.32 AC lot
    M‑2 heavy industrial lot with 107' road frontage on 0.32 acres
    Mostly cleared lot previously used as a 2‑bedroom, 1‑bath residential house
    Cooling: wall/window unit(s)
    Parking: off‑street paved/surfaced
    Roof: shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    127 Philhower Drive, Suffolk, VA 23434

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $11K
      Annual

    • Price @ 7% Cap

      $158K
      Above asking

    • Property Type

      Commercial (General)
      Built 1959
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    Mixed-Use Office and Residential Building
    Updated: Jan 24, 2025
    Mixed-Use Office and Residential Building

    2017 Wilroy Road, Suffolk, VA 23434

    $425,000
    2,124 sqft 2.43 AC lot
    Single dwelling on Wilroy Road with residential rental use plus an office side with private restroom, kitchenette, and storage
    3‑bedroom residential side with fresh paint and new flooring; new kitchen cabinets and counters
    Updates include new vinyl siding and a new roof; freshly painted interior
    Connected to city water and sewage
    Central air and heat pump heating; off‑street parking
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    Residential Land Development Opportunity
    Residential Land Development Opportunity

    4385 Desert Road, Suffolk, VA 23434

    $65,000
    1.00 AC lot

    Buildable one-acre lot offered with an uninspected septic system sold as-is.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Suffolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Building with Residence
    Commercial Building with Residence

    1033 Big Bethel Road, Hampton, VA 23666

    $3,100,000
    15,088 sqft 17.80 AC lot

    Commercial building plus residence on three parcels totaling 17.8 acres in Hampton’s R-11 zoning district.

    View details
    Turn-Key Two-Story Home
    Turn-Key Two-Story Home

    108 E Howard St, Hampton, VA 23663

    $299,900
    0.08 AC lot

    Move-in ready 3-bedroom home near parks and beaches.

    View details
    Residential Income Property with Repairs
    Residential Income Property with Repairs

    3941 Omohundro Avenue, Norfolk, VA 23504

    $455,000
    2,730 sqft

    As-is sale with outstanding code violations and city-permitted, inspected repairs required for utilities during inspections may not be provided.

    View details
    Norfolk Multi-Family Property For Sale
    Norfolk Multi-Family Property For Sale

    1059 Warwick Avenue, Norfolk, VA 23503

    $394,000
    1,566 sqft

    Multi-family property in Norfolk, Virginia with detached garage.

    View details

    Suffolk, VA Single Family Properties Market Trends and Statistics

    Explore 3 single family properties for sale in Suffolk, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,212 square feet of properties for sale, with an estimated market value of $549,900.

    Sale prices for single family properties in Suffolk, VA start at $124,900, averaging $274,950, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Single family properties 3
    Duplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 96K
    Population Growth (5Y) +5.2%
    Median Household Income $90,027
    College Educated 44.4%

    High-Yield Neighborhoods for Investment

    Identify Suffolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23434 $245K

    Taxes & Financing

    Tax Rate (average for all types) 1.13%
    Property Tax per SF $27.23 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Suffolk city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Suffolk fall within the 100,000+ square foot range.

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