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✓ Source: REIN MLS #10633981 · record updated May 20, 2026 · synced every 2 min · your inquiry is never resold
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$1,250,000est. $7,187/mo all-in · adjust →
8days on market

768 Carolina Rd, Suffolk, VA 23434

ActiveCommercial/Industrial · 8.5 acres · ALL OTHERS AREA 62 · MLS #10633981

HOANoneno HOA fee on the MLS recordEst. payment$7,187/moall-in · 20% down · 6.75% · adjustPrice since listing…checking price historyTaxes$4,042/yrfrom the public recordCondo feeNAnot a condo

OverviewAbout this home

A rare opportunity to acquire 8.50 acres of heavy industrial land in Suffolk's rapidly expanding Whaleyville corridor. This two-parcel assemblage offers immediate access to the Route 58 Bypass and is positioned within Suffolk's Central Growth Area, designated as an Employment Center in the City's Suffolk 2045 Comprehensive Plan. The rectangular site features approximately 291 feet of road frontage, an average depth of 1,549 feet, two access points on Carolina Road, and level topography throughout. The property is considered an area of minimal flood hazard and conforms to M-2 Heavy Industrial District dimensional requirements. Surrounding development highlights the corridor's growth, with recently completed large-scale distribution facilities and additional industrial projects underway nearby. Existing structure conveys with no contributory value. Value is in the land. Buyers to verify zoning, development requirements, and utility availability with the City of Suffolk.

Listing courtesy of Shonda Taylor · ONYX Realty Professionals · REIN MLS #10633981

Facts & features

TypeCommercial/Industrial
HOANone
Taxes$4,042/yr
CountySuffolk VA
MLS #10633981

Construction & exterior

Subtype
Purchase
Foundation
Crawl
Construction
Other
Roof
Other
Exterior
Brick

Utilities & systems

Utilities available
Electric Avail, Telephone Avail, Water Avail

Lot, parking & ownership

Lot size
8.5000
Subdivision
ALL OTHERS AREA 62
Ownership
Fee Simple
Garage
No
Possession
SETTLEMENT

Sources: REIN MLS record

Keep searching in Suffolk

See all Suffolk homes for sale, including homes for sale in 23434. Nearby, look at Saratoga homes for sale, Suffolk waterfront homes for sale, Suffolk condos and townhomes for sale, and new construction homes in Suffolk.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Homes like this one sell fast — see the next one first

Suffolk$1.1M – $1.4M

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Military Commute

Drive times to nearest bases

J7 Suffolk

Joint

4min·2.3mi

NNSY

Navy

28min·25.8mi

NMCP

Navy

31min·26.1mi

USCG Portsmouth

Coast Guard

32min·27mi

USCG Finance Ctr

Coast Guard

35min·31.6mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer

Low / Moderate Risk

FEMA flood zone

Unmapped (likely Zone X)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

53.8 ft above sea level

USGS 3DEP digital elevation model

No FEMA flood-hazard mapping at this exact point — typically means outside any Special Flood Hazard Area.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhoodSaratoga

Saratoga is a settled area of Suffolk centered on Saratoga Street. That is just off East Washington Street. Old Towne and historic downtown Suffolk are within easy reach.

$285KMedian sale · 12 mo
$196Sold $/sq ft
47dDays on market
7For sale now
$61KHH income
47.9%Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Saratoga →
Map of Saratoga with neighborhood boundaryNeighborhood

houses for sale in Suffolk →

CostPayment calculator

Homes at this tier often trade in cash or portfolio financing. The calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$7,187/mo

Principal & interest

$6,486

Property tax

$337

Home insurance

$365

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & historyComparables

Own a home nearby? See what it is worth today: What's your Suffolk home worth?

Sale & Tax History

List Price

$1,250,000

Price / Sq Ft

$0

Annual Taxes

$4,042

Monthly Tax

$337

HOA

None

Tax Rate (effective)

0.32%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 12, 2026$1,250,000—
Currently listed—$1,250,000—

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Suffolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

8 days on market: read it in context

Higher-priced homes market more slowly by nature: the buyer pool is smaller and diligence is heavier. Days-on-market at this tier is a rhythm, not a warning.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
768 Carolina Rdthis home$1,250,000————
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions buyers ask

Where is the nearest grocery store to 768 Carolina Rd?
CIOBS is about 0.8 miles away.
Does 768 Carolina Rd have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.

Tom and Dariya Milan

Tom & Dariya Milan | LPT Realty

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768 Carolina Rd, Suffolk, Virginia 23434 · MLS #10633981 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed; verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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