Financial
Distress signals
Property profile

7851 Azalea Garden Rd Norfolk, VA 23518

FOR LEASE
Auto shops
Property ID
US87-3387961
16,560 SF 1.98 ac lot Built 1998
Last sale Feb 2026 · $3,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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7851 Azalea Garden Rd, Norfolk, VA 23518 For Lease
Contact for pricing 2,700 SF available
7851 Azalea Garden Rd, Norfolk, VA 23518
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Property summary

AI-generated overview

This exceptional 9,600-square-foot warehouse is available for lease in Norfolk, Virginia. Situated on a spacious 1.98-acre lot at 7851 Azalea Garden Road, zip code 23518, this single-tenant property offers significant potential for a variety of businesses. The building boasts a substantial 22-foot ceiling height, providing ample vertical space for storage or specialized equipment. Power is readily available with a 600 AMP service. The property is zoned C-C, allowing for a range of commercial

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$1.96M
Assessed land$710k
Assessed improvement$1.25M
Effective rate1.25%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$193/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$113 – $284

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.4
Law Firm19.8
Spa & Massage14.3

Location

7851 Azalea Garden Rd Norfolk, VA 23518
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 13 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
881 Little Crk, Norfolk, VA 23518-3711 $395,600 Feb 2026 1,920 SF
2480 Little Crk, Norfolk, VA 23518-3231 $405,000 Jan 2024 1,512 SF
7917 Westcliff, Norfolk, VA 23518-3715 $400,000 Aug 2021 3,788 SF
1345 Little Crk, Norfolk, VA 23518-3919 $350,000 Feb 2020 1,450 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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