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1945 Northgate Commerce PkwySuffolk, VA 23435

5.4-acre prime industrial site in VA

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5.4-acre industrial land parcel enjoys a premier corner location at the entrance to Northgate Commerce Park in Suffolk, Virginia (zip code 23435), offering significant road frontage on Nansemond Parkway and Northgate Commerce Parkway. Zoned M-2 (Heavy Industrial), this site benefits from its strategic position within the Central Hampton Roads "Beltway" area, boasting some of the lowest drayage rates in the region. The property's proximity to major transportation arteries, including I-64, I-264, US 58, and US 460, ensures seamless logistics. Furthermore, its location is approximately 2.5 miles west of I-664 and roughly 7.5 miles from freight terminals, enhancing its accessibility and operational efficiency. A key advantage is its adjacency to Amazon's substantial 3.8 million-square-foot fulfillment center, underscoring the area's robust industrial activity and growth potential. This institutionally owned land, held by Industrial Realty Group (IRG), presents a rare opportunity for significant industrial development or investment in a thriving market. The price is $375,000 per acre.

Highlights

  • High-profile corner lot at Northgate Commerce Park entrance, with frontage on Nansemond Parkway and Northgate Commerce Parkway.
  • 5.4-acre site.
  • M-2 Industrial zoning.
  • Excellent location in Hampton Roads' "Beltway," offering low drayage rates.
  • Adjacent to a 3.8 million-square-foot Amazon fulfillment center.
  • 7.5 miles to freight terminals.

Property Details for 1945 Northgate Commerce Pkwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
235,224 SF

Location Insight

City
Suffolk
County
Suffolk City
State
Virginia
Latitude
36.817911
Longitude
-76.469177
1945 Northgate Commerce Pkwy, Suffolk, Virginia

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Contacts

Charles Dickinson
Charles Dickinson
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1945 Northgate Commerce Pkwy, Suffolk, Virginia, 23435

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1945 Northgate Commerce Pkwy
  • Charles Dickinson
    Charles Dickinson
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