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About This Home

This 0-bedroom, 0-bathroom commercial at 768 Carolina Road in Suffolk, VA is listed for $1,250,000. on a 8.50 acres lot.

Agent 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.

Key Features

  • 8.50 acre lot

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

768 Carolina Road

Suffolk, VA 23434

ALL OTHERS AREA 62

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 768 Carolina Road is listed at $1,250,000. The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.

Key features include: 8.50 acre lot.

This property is listed by Shonda Taylor and can be reached at (757) 278-3945 or shonda@yourrealestateconnect.com.

ST

Shonda Taylor

Agent at ONYX Realty Professionals

(757) 278-3945

Listed by ONYX Realty Professionals

MLS# 10633981· Source: listhub· Updated 21 days ago

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768 Carolina Road, Suffolk, VA 23434

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