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    Property profile & analytics

    151 Granby St Norfolk, VA 23510-1611

    • Investment properties
    • 11,910 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $1,965,000
    Last Sale
    Aug 18, 2023
    $1,575,686
    Location Intelligence
    Property ID
    US87-3377366
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Famous Uncle Al's Hot Dogs / American Restaurant

    Property Details for 151 Granby St

    Year built
    1908
    Lot size
    0.13 lot acres
    Property size
    11,910 SF
    Zone code
    D-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    21113200
    APU
    21113200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,650,000
      6.5%
      $1,650,000
      7%
      $1,655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,515,000
      Geo Method
      $1,515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,550,000
      Retail
      $1,835,000
      Mixed-Use
      $1,735,000
      Hospitality
      $1,935,000
      Educational
      $1,750,000
      Residential Income
      $1,650,000
      Energy
      $1,420,000
      Income-Based Land
      $1,490,000
      Food Service
      $1,670,000

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2919
    Latitude
    36.8478
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,089
    $435,200
    $1,202,300
    $1,637,500
    -
    $435,200
    $1,202,300
    $1,637,500

    Comparable in this City

    • Value Estimation by Request
      14,964 SF

      759 Granby St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,964 SF
      759 Granby St, Norfolk, VA 23510-2024
      View Details
    • Value Estimation
      $620,000
      6,200 SF

      735 Granby St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,200 SF
      735 Granby St, Norfolk, VA 23510-2001
      View Details
    • Value Estimation by Request
      14,332 SF

      130 Plume St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,332 SF
      130 Plume St, Norfolk, VA 23510-1659
      View Details
    • Value Estimation
      $735,000
      5,758 SF

      358 Freemason St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,758 SF
      358 Freemason St, Norfolk, VA 23510-1296
      View Details
    • Value Estimation by Request
      8,164 SF

      452 Granby St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,164 SF
      452 Granby St, Norfolk, VA 23510-1914
      View Details
    • Value Estimation
      $390,000
      2,646 SF

      132 Granby St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,646 SF
      132 Granby St, Norfolk, VA 23510-1604
      View Details

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    • $28 SF/Yr
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      Class A office space with exceptional views and amenities.
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    • $1,400 /Mo
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      Downtown Corner Retail Space Available

      Prime downtown corner retail space with street frontage.
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      View Details
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    Norfolk, VA 23510-1611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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