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Industrial Land
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 Market28

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
Listing Agency: ONYX Realty Professionals LLC
Listed By: Lavette Bell
Added: Sep 18 Changed: Oct 2 Last Checked: Oct 15 at 5:06AM
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 industrial land offering comprises 0.06 acres at 227 Filbert Street in Norfolk. The property is zoned IN-2, and a survey will be provided to the buyer.

The parcel must be acquired together with 225 Filbert Street because both properties share common ownership. The buyer is responsible for confirming buildability and completing due diligence with the City of Norfolk.

Key Highlights

  • 0.06‑acre industrial land parcel
  • IN‑2 zoning
  • Must be purchased with 225 Filbert Street due to common ownership

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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - IN-2 zoning and a required joint purchase with the adjoining ownership parcel define the offering.
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; IN‑2 zoning; Must be purchased with 225 Filbert Street due to common ownership
More about this property
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