5392 Nansemond PkwySuffolk, VA 23435

  • Land
  • 560 SF
For Sale
$1,250,000 View listing

Property Details for 5392 Nansemond Pkwy

Year built
1950
Lot size
2.63 AC
Property size (Sq ft)
560 SF
Zone code
OFFICE-INSTITUTIONAL
Property type
Land
Property subtype
Commercial land
APN
20B*B4
APU
20BB4

Description

This exceptional 7.86-acre development site presents a compelling investment opportunity in Suffolk, Virginia. Strategically located across from Amazon Distribution and Northgate Industrial Park, this property boasts unparalleled access to major transportation arteries via convenient interstate connections. The land is currently offered as a single parcel for $1,250,000, providing significant potential for various development projects. Alternatively, the site can be purchased in three separate parcels, each approximately 2.6 acres, with individual pricing available. The precise acreage of each parcel may vary slightly. Parcel 1 is priced at $413,486, Parcel 2 at $418,257, and Parcel 3 at $418,257. This flexible offering caters to diverse development needs and investment strategies. The property's prime location, coupled with its proximity to established industrial hubs and convenient interstate access, makes it an ideal location for a wide range of commercial ventures. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Suffolk, Virginia. The address is 5392 Nansemond Pkwy, Suffolk, VA 23435.

5392 Nansemond Pkwy, Suffolk, Virginia

Location Insight

City
Suffolk
County
Suffolk City
State
Virginia
Latitude
36.8193
Longitude
-76.4602
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,113
$102,100
-
$102,100
-
$102,100
-
$102,100

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