768 Carolina RD Suffolk, VA $ 1,250,000
768 Carolina RD
$ 1,250,000
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768 Carolina RD

Suffolk, VA, 23434
$ 1,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,633

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Commercial Property for sale in Suffolk, VA

for $1,250,000. The lot size is 8.5.

A rare opportunity to acquire 8.50 acres of heavy industrial land in Suffolk's rapidly expanding Whaleyville corridor. This two-parcel assemblage offers immediate access to the Route 58 Bypass and is positioned within Suffolk's Central Growth Area, designated as an Employment Center in the City's Suffolk 2045 Comprehensive Plan. The rectangular site features approximately 291 feet of road frontage, an average depth of 1,549 feet, two access points on Carolina Road, and level topography throughout. The property is considered an area of minimal flood hazard and conforms to M-2 Heavy Industrial District dimensional requirements. Surrounding development highlights the corridor's growth, with recently completed large-scale distribution facilities and additional industrial projects underway nearby. Existing structure conveys with no contributory value. Value is in the land. Buyers to verify zoning, development requirements, and utility availability with the City of Suffolk.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 4,042

Style

Commercial/Industrial

Lot Size

8.5

Town/City

Suffolk

County/Region

Suffolk City

MLS | Web ID

10633981

Features
General
Construction Other
Heating None
Cooling None
Utilities Electric Avail Telephone Avail Water Avail
Ownership Type Simple
Features None
Roof Other
Parking None
Property Type Commercial/Industrial
Area 62 - Central Suffolk
Subdivision Name ALL OTHERS AREA 62
Location Other
Sub Type Purchase
New Construction Y/N 0
Non Non Contingent
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Exterior
Siding Brick
Foundation Crawl
Garage Y/N 0
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* Excluded Features
List By
Shonda Taylor

Listing Agent

Onyx Realty Professionals

Broker

Affordability Calculator

$8,970
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,633
Monthly Property Taxes
$337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
239339 Elementary School
239621 Middle School
Unknown High School High School

Map


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768 Carolina RD, Suffolk, VA, 23434 is a Commercial Property for sale at $1,250,000 with a lot size of 8.5. The property's zip code is 23434 which is in Suffolk, VA