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8.5 Acres Lot
$ 1,250,000
Est. payment | /mo
8.5 Acres Lot
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Subdivision All Others Area 62
MLS Listing ID 10633981
HOA Y/N No
Annual Tax Amount $4,042
Lot Size 8.500 Acres
Property Sub-Type Purchase
Property Description
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.
Location
State VA
County Suffolk
Area 62 - Central Suffolk
Interior
Heating None
Cooling None
Exterior
Parking Features None
Utilities Available Electric Avail, Telephone Avail, Water Avail
Roof Type Other
Building
Foundation Crawl
Others
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
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Listed by ONYX Realty Professionals
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