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Norfolk, VA Waterfront Land for Sale

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Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA
14 properties
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Waterfront Quadplex with Docks
Updated: May 11
Waterfront Quadplex with Docks

765 48th Street, Norfolk, VA 23508

$1,600,000
3,810 sqft
Quadplex with 3,810 square feet, built in 1920
Directly backs to a creek with deep water access
16 docks and boat slips included
Finished basement with full bath, heating and cooling, refrigerator, and sink
Units 1 and 3 received fresh paint in 2025
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Waterfront Land with Bulkhead
Updated: Jun 1
Waterfront Land with Bulkhead

1459 Bayville Street, Norfolk, VA 23503

$449,000
0.22 AC lot
Waterfront lot with a bulkhead
Offers waterfront views
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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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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

1086 W Ocean View Avenue, Norfolk, VA 23503

$499,900
0.32 AC lot

Waterfront Land · 0.32 Acres

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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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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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Water View Lot For Sale
Water View Lot For Sale

9530 16th Bay St, Norfolk, VA 23518

$159,000

Water view lot in sought-after Ocean View neighborhood.

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Land
Land

9505 7th Bay St, Norfolk, VA 23518

$200,000

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

2035 Foxs Lair Trl, Norfolk, VA 23518

$319,000

Waterfront Land

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Land
Land

4016 Rugosa Rose Ct, Norfolk, VA 23518

$450,000

Waterfront Land

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Land
Land

2085 Pretty Lake Ave, Norfolk, VA 23518

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Waterfront Land

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Land
Land

9507 4th Bay St, Norfolk, VA 23518

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Waterfront Land

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 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

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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.

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Lots/Land
Lots/Land

1850 Woodside Lane, Virginia Beach, VA 23454

$1,975,000

Waterfront Land

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Norfolk, VA Waterfront Land Market Trends and Statistics

Explore 14 waterfront land for sale in Norfolk, VA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 43,928 square feet of properties for sale, with an estimated market value of $5,097,800.

Sale prices for water rights properties in Norfolk, VA start at $159,000, averaging $463,436, and reaching up to $1,600,000 — 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 21
Commercial land 13
Waterfront Land 10
Industrial land 1

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 $226K
23503 $395K
23502 $2.3M

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.

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