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    Norfolk, VA
    Hospitality

    Norfolk, VA Hospitality Properties for Sale

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    Prime Norfolk Acreage For Sale
    Updated: Mar 16
    Prime Norfolk Acreage For Sale

    745 Granby St, Norfolk, VA 23510

    Contact for pricing
    39,037 sqft 1.00 AC lot
    Prime location in the heart of Norfolk's NEON Arts District, seconds from Downtown Norfolk.
    Over one acre of land with high visibility to Granby Street.
    Significant redevelopment potential for office, retail, hospitality, or multifamily use.
    Rare opportunity due to size and location in a sought‑after district.
    Suitable for owner‑occupants, investors, or redevelopment projects.
    View details
    See hot listings in Norfolk

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Hospitality for sale in Norfolk, VA. Based on your search, we've also compiled 32 Potential Opportunities for your consideration: 4 properties in nearby cities, 27 off-market properties to explore as potential leads, and 1 land listing with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    62-Key Hotel
    62-Key Hotel

    945 J Clyde Morris Blvd, Newport News, VA 23601

    $3,100,000
    40,000 sqft 1.40 AC lot

    The three-story lodging property has surface parking and access to I-64 and Newport News/Williamsburg International Airport.

    View details
    Operating Hotel with Parking Lot
    Operating Hotel with Parking Lot

    410 21st St, Virginia Beach, VA 23451

    $5,000,000
    46,260 sqft

    The sale includes a separate parking lot at 405 20th Street in Virginia Beach.

    View details
    Jefferson Avenue Commercial Site
    Jefferson Avenue Commercial Site

    10614 Jefferson Ave, Newport News, VA 23601

    Contact for pricing
    2.59 AC lot

    2.59ac site on Jefferson Ave with high traffic volume.

    View details
    Mixed-Use Town Center Development
    Mixed-Use Town Center Development

    222 Central Park Ave, Virginia Beach, VA 23462

    Contact for pricing

    Town Center in Virginia Beach anchors a dense live-work-play market with hotels, residences, and major daily employment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    Caratoke Highway, Moyock, NC 27958

    $1,250,000
    4.93 acres

    Cleared commercial land with an existing retention pond and commercial business zoning.

    View details

    Off-Market Properties in Norfolk, VA

    Consider similar Off-Market properties in Norfolk, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7940 Shr Dr
    MOTEL

    7940 Shr Dr, Norfolk, VA 23518-2441

    Estimated value:
    $3,010,000
    27,477 sqft 1.81 AC lot
    View details
    1521 Premium Outlets Blvd
    HOTEL

    1521 Premium Outlets Blvd, Norfolk, VA 23502-5526

    Estimated value:
    $14,705,000
    141,727 sqft 5.11 AC lot
    View details
    1850 Little Crk Rd
    MOTEL

    1850 Little Crk Rd, Norfolk, VA 23518-4204

    Estimated value:
    $3,580,000
    25,978 sqft 1.24 AC lot
    View details
    8051 Hampton Blvd
    MOTEL

    8051 Hampton Blvd, Norfolk, VA 23505-1001

    Estimated value:
    $8,305,000
    49,338 sqft 2.06 AC lot
    View details
    5600 Lowery Rd
    HOTEL

    5600 Lowery Rd, Norfolk, VA 23502-2233

    Estimated value:
    $12,505,000
    67,658 sqft 2.50 AC lot
    View details
    1590 Military Hwy
    HOTEL

    1590 Military Hwy, Norfolk, VA 23502-1813

    Estimated value:
    $16,355,000
    91,872 sqft 4.86 AC lot
    View details
    235 Main St
    HOTEL

    235 Main St, Norfolk, VA 23510-1668

    Estimated value:
    $4,190,000
    608,074 sqft 0.60 AC lot
    View details
    1450 Military Hwy
    MOTEL

    1450 Military Hwy, Norfolk, VA 23502-2200

    Estimated value:
    $830,000
    43,400 sqft 3.76 AC lot
    View details
    6350 Newtown Rd
    HOTEL

    6350 Newtown Rd, Norfolk, VA 23502-4801

    Estimated value:
    $1,670,000
    94,119 sqft 3.02 AC lot
    View details
    201 Granby St
    HOTEL

    201 Granby St, Norfolk, VA 23510-1805

    Estimated value:
    $4,275,000
    93,500 sqft 0.17 AC lot
    View details
    1570 Military Hwy
    HOTEL

    1570 Military Hwy, Norfolk, VA 23502-1813

    Estimated value:
    $1,575,000
    98,603 sqft 3.77 AC lot
    View details
    9601 4th Vw St
    MOTEL

    9601 4th Vw St, Norfolk, VA 23503-1401

    Estimated value:
    $655,000
    25,478 sqft 0.98 AC lot
    View details
    5649 Lowery Rd
    HOTEL

    5649 Lowery Rd, Norfolk, VA 23502-2220

    Estimated value:
    $1,135,000
    47,300 sqft 2.11 AC lot
    View details
    3343 Military Hwy
    MOTEL

    3343 Military Hwy, Norfolk, VA 23518-5608

    Estimated value:
    $455,000
    16,916 sqft 0.89 AC lot
    View details
    7969 Shr Dr
    MOTEL

    7969 Shr Dr, Norfolk, VA 23518-2453

    Estimated value:
    $490,000
    16,263 sqft 0.84 AC lot
    View details
    865 Military Hwy
    MOTEL

    865 Military Hwy, Norfolk, VA 23502-3626

    Estimated value:
    $500,000
    24,688 sqft 1.26 AC lot
    View details
    1030 Ocean Vw Ave
    MOTEL

    1030 Ocean Vw Ave, Norfolk, VA 23503

    Estimated value:
    $450,000
    8,832 sqft 0.26 AC lot
    View details
    8501 Hampton Blvd
    HOTEL

    8501 Hampton Blvd, Norfolk, VA 23505-1009

    Estimated value:
    $1,230,000
    50,760 sqft 1.70 AC lot
    View details
    1340 Ocean Vw Ave
    MOTEL

    1340 Ocean Vw Ave, Norfolk, VA 23503-2208

    Estimated value:
    $495,000
    12,286 sqft 0.51 AC lot
    View details
    777 Waterside Dr
    HOTEL

    777 Waterside Dr, Norfolk, VA 23510-2102

    Estimated value:
    $2,390,000
    323,520 sqft 3.57 AC lot
    View details
    1511 Usaa Dr
    HOTEL

    1511 Usaa Dr, Norfolk, VA 23502-5502

    Estimated value:
    $1,520,000
    55,326 sqft 1.98 AC lot
    View details
    1387 Military Hwy
    HOTEL

    1387 Military Hwy, Norfolk, VA 23502-2229

    Estimated value:
    $1,085,000
    36,976 sqft 1.71 AC lot
    View details

    Norfolk, VA Hospitality Properties Market Trends and Statistics

    Explore 28 hospitality properties for sale in Norfolk, VA on our real estate platform. These investment opportunities span a total of 39,037 square feet of properties for sale.

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    Map

    Demographics Overview

    Population 235K
    Population Growth (5Y) -4.3%
    Median Household Income $64,747
    College Educated 29.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $9.43 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Norfolk city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Popular Searches in Norfolk, VA

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    Most Searched ZIP Codes in Norfolk, VA

    • 23510

    Featured Norfolk Real Estate Agencies

    Realmo connects you with licensed Norfolk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Exit Realty Central
    870 N. Military Highway Suite 100 Norfolk, VA 23502
    Phone: (757) 466-1009
    www.exitcentralhr.com
    Judy Boone Realty
    809 E. Ocean View Avenue Norfolk, VA 23503
    Phone: (757) 587-2800
    www.judyboonerealty.com
    Gabriel Rapisardi Real Estate Group LLC
    P.O. Box 8455 Norfolk, VA 23503
    Phone: (757) 577-2902
    www.gabrielrapisardi.com
    Why this one?
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