1305 Progress Rd - industrial in Suffolk, VA
Industrial

1305 Progress Rd

suffolk, va, 23434, suffolk, VA 23434

Price

Price on request

Description

Positioned in the Suffolk Industrial sub-market, 1305 Progress Rd in Suffolk, VA, presents an exceptional industrial property offered for sale. This facility offers a prime opportunity for businesses seeking to expand or establish their operations in a strategic location. With convenient access to major transportation routes and regional infrastructure, this site is well-suited for logistics, manufacturing, or warehousing applications. The property features ample square footage, designed to accommodate diverse industrial needs. Its robust construction and adaptable layout ensure it can cater to a wide range of operational requirements. Located in a thriving industrial area, the property benefits from the economic growth and demand in Suffolk, which continues to emerge as a significant hub for businesses in southeastern Virginia. Businesses looking for scalability, convenience, and proximity to key markets will find this property an ideal match. Offering a rare chance to own in this sought-after sub-market, 1305 Progress Rd combines strategic location with versatility, making it an attractive investment or operating asset for industrial buyers. This opportunity to secure such a highly functional facility is not to be overlooked. Contact for further details or to schedule your viewing today.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

suffolk, va, 23434, suffolk, VA 23434

Marker
Leaflet © OpenStreetMap contributors

Sale Price History

Market report quarterly trend fallback

Very Low Confidence

No chart data yet.

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.9%
Avg Weekly Wage:$1,601

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population98,796
Median Income$93k↑ 24%
College Educated30.1%↓ 3.3pp
Median Age38.7 yrs
Median Home Value$347k
Unemployment5.0%↑ 1.4pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: industrial in suffolk, VA

More Industrial for Sale in Suffolk, VA(5)

Contact Broker

Justin Gruendling

Justin Gruendling

Gregg Christoffersen

Gregg Christoffersen

Listed by

JLL