Listing Agency: BHHS RW Towne Realty · Berkshire Hathaway HomeServices i***@rwtowne.com Show Phone

Listed By: Janette Woodruff Show Phone

Added: Sep 9 Changed: Oct 2 Last Checked: Oct 30 at 12:06AM

Report an Issue

MLS# 10652933

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.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 0.216-acre commercial parcel is currently used for parking and carries C-1 zoning. The district allows a range of commercial uses, including retail stores, restaurants, cafes, professional offices, and medical or dental offices. Certain uses may require a Conditional Use Permit from the city, depending on the proposed business.

A billboard contract with Adams Outdoor runs through October 2028. The property is located at 1500 E Princess Anne Road in Norfolk. Building and permit inquiries are directed to the City of Norfolk.

Key Highlights

• 0.216‑acre commercial land parcel
• Currently configured and used as a parking lot
• C‑1 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Big Box & Wholesale Store

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

488

Businesses Nearby

Explore this area Business Placement

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

Similar For Sale Nearby

See more

Three-Lot Commercial Land

2700 Granby Street, Norfolk, VA 23517

$150,000

View details

C-2 Commercial Land with Structure

3816 Granby Street, Norfolk, VA 23504

$395,000

3,519 SF

View details

Commercial Land with Signalized Access

1600 E Little Crk Rd, Norfolk, VA 23518

Contact for pricing

0.50 Acres

View details

Commercial

5516 Typo Ave, Norfolk, VA 23502

$600,000

204,228 SF

View details

Waterfront Commercial Land

3004 E Ocean View Avenue, Norfolk, VA 23518

$3,500,000

1.80 Acres

View details

Prime Norfolk Acreage For Sale

745 Granby St, Norfolk, VA 23510

Contact for pricing

39,037 SF

View details

Waterfront Land with Bulkhead

1459 Bayville Street, Norfolk, VA 23503

$449,000

0.22 Acres

View details

Eighteen-Unit One-Bedroom Apartment

9324 1st View St, Norfolk, VA 23503

$2,325,000

0.40 Acres

View details

Norfolk Multi-Tenant Office Investment

1761 Church St, Norfolk, VA 23504

$1,200,000

10,500 SF

View details

Light Industrial Warehouse with Office

2506 Colley Avenue, Norfolk, VA 23517

$850,000

11,591 SF

View details

Flexible Commercial Space with Multiple Entrances

2474 E Little Creek Rd, Norfolk, VA 23518

$550,000

12,868 SF

View details

Flex Space with Three Bay Doors

860 45th Street, Norfolk, VA 23508

$749,900

12,620 SF

View details

Frequently Asked Questions

What type of property is this?

Commercial land - A parking-lot configuration and C-1 zoning define the site’s current commercial use and land-use designation.

Where is this commercial land located?

The property is located at 1500 E PRINCESS ANNE Road Norfolk, VA.

What is the asking price?

The asking price for this property is $120,000.

What are key features of this property?

This property features: 0.216‑acre commercial land parcel; Currently configured and used as a parking lot; C‑1 zoning