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1061 Centerpoint Dr
Suffolk, VA 23434
Lot 23 · Land For Sale
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10.17 AC
Investment Highlights
- Elevation Approximately 65'-68'. Not in Flood Zone
- ICE Futures Coffee Certified Warehouse Eligibility
- No Port Markets to the South Provide Such 2-Day Coverage
- Eligibility for Foreign Trade Zone 20, Administered by the Virginia Port Authority
- Superior Truckload and Ground Parcel Transit Service, Offering 2-Day Transit for Entire East Coast
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Industrial |
| Property Type | Land | Total Lot Size | 10.17 AC |
| Zoning | M-2 - Heavy Industrial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 10.17 AC |
| Zoning | M-2 - Heavy Industrial |
1 Lot Available
Lot Lot 23
| Price | $995,000 | Lot Size | 10.17 AC |
| Price Per AC | $97,836.77 |
| Price | $995,000 |
| Price Per AC | $97,836.77 |
| Lot Size | 10.17 AC |
Lot 23 ~ M-2 Heavy Industrial. Zoned Site Plan approved. No Wetlands. Curb and gutter, and all utilities. Retention prepared off site.
Description
1061 Centerpoint Drive, Lot 23, offers a 10.17 acre, M-2 zoned industrial site with approved site plan and prepared architectural drawings ready for construction. The 124,800 SF proposed Class A warehouse development has immediate access to Centerpoint Drive with all utilities to curb. The Virginia Port Logistics Park (VPLP) is a 932-acre industrial development located in proximity to the thriving Port of Virginia. VPLP is home to nearly 4.6 million square feet of Class A logistics properties, including three brand new buildings totaling 934,000 SF completed in 2022, and two additional build-to-suit properties totaling 1.7 million SF completed 4th quarter 2023.
Property Taxes
| Parcel Number | 154000646 | Improvements Assessment | $0 |
| Land Assessment | $508,000 | Total Assessment | $508,000 |
Property Taxes
