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Rolling Acres Lane & Godwin Blvd

155.13 Acres of Residential Land Offered at $4,252,410 CAD 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 $4,252,410 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 155.13 AC

1 Lot Available

Lot

Price $4,252,410 CAD
Price Per AC $27,412 CAD
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 251898000
  • 250503000
Land Assessment
$330,271 CAD
Improvements Assessment
$0 CAD
Total Assessment
$330,271 CAD

zoning

Zoning Code RE & RAC
RE & RAC
  • Listing ID: 22142150

  • Date on Market: 2021-02-02

  • Last Updated:

  • Address: Rolling Acres Lane & Godwin Blvd, Suffolk, VA 23432

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