Financial
Distress signals
Property profile

1200 Monticello Ave Norfolk, VA 23510

OFF-MARKET
Grocery and convenience stores
Property ID
US87-3368506
2,228 SF 0.42 ac lot Built 1997
Last sale Feb 2022 · $779,271
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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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?
$10k
Tax billed · 2024
Assessed value$802k
Assessed land$479k
Assessed improvement$323k
Effective rate1.25%

Value estimate

· Sep 2026
$1.02M
$914k – $1.12M
AI approach$1.03M
Submarket $/SF estimate$714k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.8
Pet Grooming Service8.8
Shoe Repair8.7

Location

1200 Monticello Ave Norfolk, VA 23510-2612
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Granby, Norfolk, VA 23510-2004 $800,000 Jan 2026 4,048 SF
116 Granby, Norfolk, VA 23510-1604 $527,500 Dec 2024 3,300 SF
1209 Monticello, Norfolk, VA 23510-2611 $800,000 Jun 2024 1,450 SF
126 Granby, Norfolk, VA 23510-1604 $500,000 Jun 2022 3,162 SF
330 Granby, Norfolk, VA 23510-1910 $400,000 Nov 2021 1,840 SF
130 Granby, Norfolk, VA 23510-1604 $515,000 Dec 2020 3,123 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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