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Rolling Acres Lane & Godwin Blvd 155.13 Acres of Residential Land Offered at $3,000,000 in Suffolk, VA 23432
INVESTMENT HIGHLIGHTS
- Unique residential development opportunity in a growing corridor.
- Mostly cleared site with trees on the perimeter of the property and two houses that are located on Godwin Boulevard.
- Large open green space on high ground with an in-place pond.
- Close proximity to major employment center such as Sentara Obici, downtown Smithfield, Newport News Shipbuilding, Harbour View and downtown Norfolk.
EXECUTIVE SUMMARY
Three parcels in the City of Suffolk adjacent to one parcel in Isle of Wight County totaling 155.13 acres. Zoning of Suffolk parcels is RE (Rural Estate District), and zoning of Isle of Wight parcel is RAC (Rural Agricultural Conservation).
PROPERTY FACTS
| Price | $3,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 155.13 AC |
| Property Type | Land | ||
| Zoning | RE & RAC | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 155.13 AC |
| Zoning | RE & RAC |
1 LOT AVAILABLE
Lot
| Price | $3,000,000 | Lot Size | 155.13 AC |
| Price Per AC | $19,338.62 |
| Price | $3,000,000 |
| Price Per AC | $19,338.62 |
| Lot Size | 155.13 AC |
Three parcels in the City of Suffolk.
DESCRIPTION
Rolling Acres Lane, a unique offering of three parcels in the City of Suffolk, adjacent to one parcel in Isle of Wight County, totaling an expansive 155.13 acres. The Suffolk parcels are zoned RE (Rural Estate District), perfect for creating a serene residential haven, while the Isle of Wight parcel is zoned RAC (Rural Agricultural Conservation), ideal for preserving the area's natural beauty. This combination of rural estate and agricultural conservation zoning provides a versatile canvas for your development or conservation aspirations
PROPERTY TAXES
| Parcel Numbers | 251898000, 250503000 | Improvements Assessment | $0 |
| Land Assessment | $233,000 | Total Assessment | $233,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$233,000
Improvements Assessment
$0
Total Assessment
$233,000