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Existing building with industrial characteristics suitable for repurposing
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This M-2 zoned heavy industrial site in Suffolk, VA comprises approximately 43.85 total acres with over 31 acres of developable land across two contiguous parcels. The property benefits from immediate proximity to Dominion Energy transmission lines, Virginia Natural Gas service, and municipal water and sewer infrastructure including a 12-inch water line and 8-inch HRSD sewer connection at Airport Road. Telecommunications access is available through Cox and Verizon. The site is positioned within an Airport Overlay District that prohibits residential development, ensuring industrial use compatibility. Preliminary wetlands delineation, platting, and geotechnical studies have been completed. Soils consist primarily of Eunola, Goldsboro, Lynchburg, and Rains fine sandy loams with gentle 0-6% slopes, suitable for heavy construction and industrial operations. The property qualifies for Foreign Trade Zone 20 benefits and local, state, and port-sponsored grant programs. Zoning permits manufacturing, heavy equipment operations, warehouse and freight storage, and general industrial uses as of right, with additional flexibility for specialized industrial applications via conditional use permit. Usable acreage is priced at $75,000 per acre.
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