Waterfront Commercial
New
For Sale
$120,000
1500 E PRINCESS ANNE Road, Norfolk, VA 23505
Land and Farms, Norfolk, VA
Property SizeContact for details
Lot Size0.22 Acres
Days on Market6
Property Features for 1500 E PRINCESS ANNE Road
General Information
Property type
Land
Property subtype
Other
Subdivision
BARRAUD PARK
Elementary school
Jacox Elementary
Middle school
Ruffner Academy
Standard status
Active
Lot size
0.22 Acres
Taxes and HOA fees
Tax Annual Amount
1279
Utilities
Water front features
Waterfront
Listing Agency:
BHHS RW Towne Realty · Berkshire Hathaway HomeServices
(757) 217-4200
Listed By:
Janette Woodruff
(757) 690-0439
Added: Sep 9
Changed: Sep 13
Last Checked: Sep 14 at 2:06PM
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.
Investment Insights
Based on property information with market context.
This 0.216-acre waterfront commercial land parcel at 1500 E Princess Anne Road is currently configured as a parking lot and carries C-1 zoning. The site is within the City of Norfolk and may accommodate uses such as retail, restaurants and cafés, professional offices, and medical or dental offices, subject to applicable approval requirements.
Certain higher-impact uses, including some auto-oriented businesses, drive-through operations, and tattoo parlors, may require a Conditional Use Permit. A billboard agreement with Adams Outdoor remains in place through October 2028. The property is identified in Norfolk, VA 23505, and building or permit questions should be directed to the City of Norfolk.
Certain higher-impact uses, including some auto-oriented businesses, drive-through operations, and tattoo parlors, may require a Conditional Use Permit. A billboard agreement with Adams Outdoor remains in place through October 2028. The property is identified in Norfolk, VA 23505, and building or permit questions should be directed to the City of Norfolk.
Key Highlights
- 0.216‑acre waterfront commercial parcel
- C‑1 zoning
- Currently used as a parking lot
Property Analytics
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Commercial land - C-1-zoned waterfront parcel currently used for parking with a billboard agreement extending through October 2028.
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 waterfront commercial parcel; C‑1 zoning; Currently used as a parking lot
