This investment opportunity involves the acquisition and redevelopment a total of 15 properties to include parcels 050998000 and 051465000 located on the same block in Suffolk, Virginia. The properties present a unique opportunity for coordinated development within an established neighborhood that already has access to roads, utilities, schools, and nearby services. Because the parcels are located together, investors can plan a unified residential development that improves the appearance and value of the entire street. The project would focus on transforming underutilized land into quality housing, such as single-family homes or multi family units, to meet the growing demand in Suffolk. Developing multiple properties in the same location allows for efficient construction, streamlined planning, and consistent design. Redevelopment of these lots will help revitalize the neighborhood, increase property values, and create housing opportunities while generating strong investment potential.
Listing courtesy of 1st Class Real Estate Norfolk. Selling Office: .
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