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    5516 Typo Ave Norfolk, VA 23502

    For Sale
    $650,000

    Purchase,Commercial/Industrial - Norfolk, VA

    Property size:
    204,228 SF
    Lot size:
    4.69 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 5516 Typo Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-2
    Size
    204,228 SF
    Lot size
    4.69 Acres

    Building Details

    Architectural style
    Other

    Green Tree Realty Hampton Roads (757) 274-5272 [email protected]

    Listing agent Kim Stanley (757) 277-9700

    Listing date Nov 18, 2025

    MLS# 10610351 Listing URL

    Copyright © 2025 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.

    Overview

    Norfolk Land and Buildings Package

    This property is part of a three-parcel package totaling approximately 6.1121 acres. The package includes properties at 1232 Typo Avenue, 5513 Typo Avenue, and 5516 Typo Avenue in Norfolk, VA. The properties are being sold as is. Two of the lots are zoned for residential use, while one is designated for commercial purposes. One of the properties, located at 1232 Typo, features a single-family detached brick ranch. According to tax records, this home is listed as a 2-bedroom, but it contains 3 bedrooms. The 5513 Typo property includes four buildings with a total square footage of 11,189. Building #1 is 8,487 sq. ft. and currently used as a garage with 8 bays. Building #2 is 720 sq. ft., and Buildings #3 and #4 are each 991 sq. ft. The 5516 Typo property consists of 4+ acres. Buyers are responsible for performing their own due diligence. Square footage is per the tax records.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Business Interiors & Moving Services, Self-Storage at U-Haul, Iron Mountain, Accurate Installations & Moving Services, A-OK Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2202884
    Latitude
    36.8636888

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    FAQs

    What type of property is this?
    Warehouse - Three-parcel package with commercial and residential potential in Norfolk.
    Where is this warehouse located?
    The property is located at 5516 Typo Ave Norfolk, VA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Three-parcel package totaling approximately 6.1121 acres.; - Includes a commercially zoned parcel, great for business opportunities.; - Four buildings with a total of 11,189 sq. ft. across all parcels.
    (757) 277-9700
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    Norfolk, VA 23502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5516 Typo Ave Norfolk, VA 23502
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