1517 Holland RdSuffolk, VA 23434
- Other commercial real estate
- 14,617 SF
Property Details for 1517 Holland Rd
- Year built
- 2016
- Lot size
- 2.58 AC
- Property size (Sq ft)
- 14,617 SF
- Zone code
- GENERAL COMMERCIAL
- Property type
- Other commercial real estate
- APN
- 33A*AW*A
- APU
- 33AAWA
Description
This exceptional 14,673-square-foot retail property, located at 1517 Holland Road in Suffolk, Virginia, presents a unique investment opportunity. Built in 2016, this Class A building sits on a 2.58-acre lot and boasts excellent visibility due to its location at a fully signalized intersection. The property is currently vacant, offering a blank canvas for a new tenant. Its strategic location within the thriving shipping and logistics corridor leading to Interstate 95 and the Port of Virginia ensures high traffic volume and accessibility. The strong residential growth projections and high household income in the surrounding area further enhance the property's appeal. A prominent monument sign provides excellent branding opportunities. The property's single-tenant configuration simplifies management and leasing. This is an ideal location for businesses seeking high visibility and convenient access to major transportation arteries. The property's address is 1517 Holland Road, Suffolk, VA 23434, with a cross street of Staley Drive. The property is classified as retail and land, and is part of the Suffolk submarket. The building is a freestanding structure.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,104,139
- Hospitality
- $2,843,374
- Educational
- $2,365,654
- Medical
- $2,447,012
- Retail
- $3,679,906
Location Insight
- City
- Suffolk
- County
- Suffolk City
- State
- Virginia
- Latitude
- 36.7246
- Longitude
- -76.634
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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