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Waterfront Industrial Land
New
For Sale
$42,900

227 Filbert Street, Norfolk, VA 23505

Land and Farms, Norfolk, VA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market4

Property Features for 227 Filbert Street

General Information

Property type Land
Property subtype Other
Zoning IN-2
Subdivision SUBURBAN PARK ACRES
Elementary school Suburban Park Elementary
Middle school Blair Middle
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 609

Utilities

Water front features Waterfront
Listing Agency: ONYX Realty Professionals LLC
Listed By: Lavette Bell
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 21 at 8:06AM
MLS# 10654340

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.06-acre waterfront parcel at 227 Filbert Street is classified for industrial use under IN-2 zoning. The property is offered as land, with development and buildability requirements to be evaluated by the buyer with the City of Norfolk.

Due to common ownership, the parcel must be acquired together with 225 Filbert Street. Buyers are responsible for completing their own due diligence and confirming applicable development conditions. A survey is available to the buyer.

Key Highlights

  • 0.06‑acre industrial land parcel
  • Waterfront property at 227 Filbert Street
  • IN‑2 zoning designation

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Spa & Massage Center Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

Demographics for 23505, VA

27,785
Population
13,715
Households
2
Avg Household Size
32
Median Age
32%
College-Educated
91%
High-School Grad
6.6 sq mi
ZIP Area
4,210
Density / Sq Mi
$55,678
Median Household Income
$40,814
Median Earnings
$1,279
Median Rent
$318,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Waterfront land with IN-2 zoning and a required companion parcel purchase.
Where is this industrial land located?
The property is located at 227 Filbert Street Norfolk, VA.
What is the asking price?
The asking price for this property is $42,900.
What are key features of this property?
This property features: 0.06‑acre industrial land parcel; Waterfront property at 227 Filbert Street; IN‑2 zoning designation
More about this property
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