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    Norfolk, VA
    Waterfront

    Norfolk, VA Waterfront Land for Sale

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    Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA Carrollton, VA
    16 properties
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    Waterfront Duplex with Garage Apartment
    Updated: Sep 3
    Waterfront Duplex with Garage Apartment

    937 Little Bay Avenue, Norfolk, VA 23503

    $575,000
    1,600 sqft
    Waterfront property directly on Little Bay with a private sandy beach
    1,600 SF duplex configuration with a 2‑bedroom, 1‑bath cottage
    Detached 1‑bedroom garage apartment currently rented
    Separate electrical service for the main home and garage apartment
    Shared water meter serving both residences
    View details
    Waterfront Commercial Land
    Updated: Oct 8
    Waterfront Commercial Land

    3004 E Ocean View Avenue, Norfolk, VA 23518

    $3,500,000
    1.80 AC lot
    1.8‑acre waterfront commercial land parcel
    Assemblage includes Lots 15–37
    Several residential structures and a storage building convey as‑is
    Existing residential leases are anticipated to be month‑to‑month by January 2027
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    Waterfront Land with Bulkhead
    Waterfront Land with Bulkhead

    1459 Bayville Street, Norfolk, VA 23503

    $449,000
    0.22 AC lot

    Waterfront lot with a bulkhead, suitable for development under R-12 zoning in Norfolk.

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    See hot listings in Norfolk

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Land
    Land

    820 Willoughby Bay Ave, Norfolk, VA 23503

    $223,000
    3,528 sqft

    Waterfront Land · 3,528 SF

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    Land and Farms, Norfolk, VA
    Land and Farms, Norfolk, VA

    3330 E Ocean View Avenue, Norfolk, VA 23518

    $2,650,000
    0.90 AC lot

    Waterfront Land · 0.90 Acres

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    Land and Farms, Norfolk, VA
    Land and Farms, Norfolk, VA

    5715 Cornick Road, Norfolk, VA 23502

    $199,000
    0.59 AC lot

    Residential land & home lots · 0.59 Acres

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Land and Farms, Norfolk, VA
    Land and Farms, Norfolk, VA

    820 Willoughby Bay Avenue, Norfolk, VA 23503

    $223,000
    0.08 AC lot

    Residential land & home lots · 0.08 Acres

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    Waterfront Land
    Waterfront Land

    3004 E E. Ocean View Avenue, Norfolk, VA 23518

    $3,500,000

    Existing residential buildings and a storage structure convey with the site in as-is condition.

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    Land and Farms, Norfolk, VA
    Land and Farms, Norfolk, VA

    4016 Rugosa Rose Court, Norfolk, VA 23518

    $450,000
    0.19 AC lot

    Residential land & home lots · 0.19 Acres

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    Land and Farms, Norfolk, VA
    Land and Farms, Norfolk, VA

    1086 W Ocean View Avenue, Norfolk, VA 23503

    $499,900
    0.32 AC lot

    Waterfront Land · 0.32 Acres

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    Bayfront Buildable Land Lot
    Bayfront Buildable Land Lot

    1086 W Ocean View Ave, Norfolk, VA 23503

    $499,900

    Buildable bayfront lot backing directly to the Chesapeake Bay with protected sandy beaches.

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    Land and Farms, Norfolk, VA
    Land and Farms, Norfolk, VA

    266 W Ocean View Avenue, Norfolk, VA 23503

    $475,000

    Waterfront Land

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    Land
    Land

    1012 Virgilina Ave, Norfolk, VA 23503

    $229,900

    Residential land & home lots

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    Land
    Land

    4016 Rugosa Rose Ct, Norfolk, VA 23518

    $450,000

    Waterfront Land

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    Waterfront Land with Bulkhead
    Waterfront Land with Bulkhead

    1459 Bayville St, Norfolk, VA 23503

    Contact for pricing
    0.22 AC lot

    Waterfront parcel with an existing bulkhead and unobstructed water views.

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    Land
    Land

    9505 7th Bay St, Norfolk, VA 23518

    $179,900

    Waterfront Land

    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 16 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Land on Mill Creek
    Waterfront Land on Mill Creek

    17 Seaview Drive, Hampton, VA 23664

    $295,000
    0.50 AC lot

    Half-acre deep waterfront lot with unobstructed Chesapeake Bay views.

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    Land and Farms, Virginia Beach, VA
    Land and Farms, Virginia Beach, VA

    4141 Hermitage Point, Virginia Beach, VA 23455

    $549,000

    Waterfront Land

    View details
    Half-Acre Waterfront Land on Mill Creek
    Half-Acre Waterfront Land on Mill Creek

    17 Seaview Dr, Hampton, VA 23664

    Contact for pricing
    0.50 AC lot

    Half-acre deep water, unobstructed waterfront lot on Mill Creek with Chesapeake Bay views and night views of the Chesapeake Bay Bridge Tunnel.

    View details
    Lots/Land
    Lots/Land

    1850 Woodside Lane, Virginia Beach, VA 23454

    $1,975,000

    Waterfront Land

    View details

    Norfolk, VA Waterfront Land Market Trends and Statistics

    Explore 16 waterfront land for sale in Norfolk, VA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 193,516 square feet of properties for sale, with an estimated market value of $14,103,600.

    Sale prices for water rights properties in Norfolk, VA start at $179,900, averaging $940,240, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 22
    Commercial land 12
    Waterfront Land 10
    Industrial land 4

    Demographics Overview

    Population 235K
    Population Growth (5Y) -4.3%
    Median Household Income $64,747
    College Educated 29.0%

    High-Yield Neighborhoods for Investment

    Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23518 $360K
    23503 $396.8K
    23508 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $9.43 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Norfolk city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Norfolk fall within the under-1-acre range.

    How Realmo verifies these figures

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    Popular Searches in Norfolk, VA

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    Most Searched ZIP Codes in Norfolk, VA

    • 23503
    • 23518
    • 23502

    Featured Norfolk Real Estate Agencies

    Realmo connects you with licensed Norfolk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Judy Boone Realty
    809 E. Ocean View Avenue Norfolk, VA 23503
    Phone: 17575872800
    www.judyboonerealty.com
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