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Executive Summary

Premier site located at entrance of the Park with road frontage on Nansemond Parkway and Northgate Commerce Parkway.
Site is cleared with utilities to the site and will be delivered with master storm water retention and access road in place.
M-2 (Industrial Zoning)
Foreign Trade Zone Eligibility
Signalized four lane entrance road in place.
Northgate is approximately 2.5 miles west of I-664 and enjoys convenient access to I-64, I-264, US 58, US 460, Chesapeake Square Mall as well as many other retail establishments.
There is potential to up-zone the acreage fronting Nansemond Parkway to B-2 to accommodate more retail and commercial uses.
DISTANCE TO MARINE TERMINALS:
(Straight line distances)
Virginia International Gateway: +/- 7.5 miles
Portsmouth Marine Terminal: +/- 8.5 miles
Norfolk International Terminal: +/- 11.5 miles
Newport New Marine Terminal: +/- 11.5 miles
Corporate Neighbors Include (Past and Present): ProLogis, Ferguson Enterprises, Schneider Logistics, 84 Lumber, Suffolk Cold Storage, Duke Realty, Exeter Property Group, Pacorini Global Services, USA, Cooke Seafood, USA
Investment Notes:
Northgate Commerce Park is centrally located along the Mid-Atlantic at the Port of Virginia and has excellent access to Virginia International Terminals and Virginia International Gateway.
Northgate benefits from an existing +/- $20 million infrastructure investment as well as a recently completed signalized four-lane entrance road.
The Park also benefits from a recently completed +/- $24 million road widening project that created a four-lane highway from the entrance of Northgate Commerce Park to I-664.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Motel
Total Lot Size 7.50 AC
Zoning M-2 - Heavy Industrial

1 Lot Available

Lot O

Lot Size 7.50 AC
Not walkable
10/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
306000800
Land Assessment
$4,495,500
Improvements Assessment
$0
Total Assessment
$4,495,500
  • Listing ID: 3973064

  • Date on Market: 12/20/2013

  • Last Updated:

  • Address: Northgate Commerce Pky, Suffolk, VA 23435

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