Financial
Distress signals
Property profile

1121 Little Crk Rd Norfolk, VA 23518

OFF-MARKET
Other commercial real estate
Property ID
US87-3351839
11,990 SF 1.23 ac lot Built 1987
Last sale Oct 2020 · $440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a religious facility located at 1121 E Little Creek Rd in Norfolk, Virginia. It includes a main sanctuary assembly area with seating capacity for approximately 320 people. The building also has a separate cafe area equipped with a sink and counter. The facility is configured for either ownership or leasing use and is offered with an NNN-style leasing structure.

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?
$22k
Tax billed · 2024
Assessed value$1.77M
Assessed land$805k
Assessed improvement$961k
Effective rate1.25%

Value estimate

· Sep 2026
$550k
$495k – $605k
AI approach$630k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$68 – $159
Qualifying comparables11

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?
IN-1
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.0
Dental Office22.3
Building Supply14.2

Location

1121 Little Crk Rd Norfolk, VA 23518-3824
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7829 Caribou, Norfolk, VA 23518-4001 $235,000 Apr 2024 3,015 SF
7825 Military, Norfolk, VA 23518 $540,000 Apr 2023 4,000 SF
7919 Ardmore, Norfolk, VA 23518-3811 $200,000 Jun 2022 3,076 SF
7849 Azalea Gdn, Norfolk, VA 23518-4500 $280,000 Apr 2022 2,257 SF
7821 Military, Norfolk, VA 23518-4010 $260,000 Aug 2019 9,658 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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