Financial
Distress signals
Property profile

1600 E Little Creek Rd Norfolk, VA 23518

FOR SALE
Grocery and convenience stores
Property ID
US87-3338210
19,080 SF 3.97 ac lot Built 2022
Last sale May 2019 · $259,900
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1600 E Little Creek Rd, Norfolk, VA 23518 For Sale
Contact for pricing 19,080 SF
1600 E Little Creek Rd, Norfolk, VA 23518
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Property summary

AI-generated overview

The property consists of commercial land located along Little Creek Road and is described as having a traffic count of approximately 21,000 ADT on that roadway. It has signalized access to Little Creek Road and an additional access point through the Aldi site. The land is zoned C-C, and is situated near the Aldi development site.

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?
$69k
Tax billed · 2024
Assessed value$5.51M
Assessed land$2.60M
Assessed improvement$2.91M
Effective rate1.25%

Value estimate

· Sep 2026
$2.96M
$2.66M – $3.25M
CAP approach$3.34M
Submarket $/SF estimate$2.81M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$165/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$106 – $260

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Firm20.9
Realty agency18.6
Spa & Massage17.1

Location

1600 E Little Creek Rd Norfolk, VA 23518
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
8459 Chesapeake, Norfolk, VA 23518-2615 $600,000 Jan 2025 6,600 SF
4261 Little Crk, Norfolk, VA 23518-3546 $2,915,000 Sep 2024 13,606 SF
6103 Military, Norfolk, VA 23518-5434 $2,610,000 Jul 2024 5,153 SF
4035 Ocean Vw, Norfolk, VA 23518-1613 $2,500,000 Feb 2024 12,136 SF
7821 Military, Norfolk, VA 23518-4010 $260,000 Aug 2019 9,658 SF
8474 Chesapeake, Norfolk, VA 23518-2634 $1,591,275 Jun 2019 7,489 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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