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    Property profile & analytics

    2801 Lafayette Blvd Norfolk, VA 23509-2539

    • Auto shops
    • 3,944 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Jan 06, 2023
    Location Intelligence
    Property ID
    US87-3355854
    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

    • Mitch's brake and muffler / Mechanic
    • Mitch Sarvis Racing Products / Auto Repair Shop

    Property Details for 2801 Lafayette Blvd

    Year built
    1956
    Lot size
    0.24 lot acres
    Property size
    3,944 SF
    Zone code
    R-11
    Property type
    Auto shops
    APN
    38275700
    APU
    38275700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2557
    Latitude
    36.8755
    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
    $3,054
    $83,500
    $160,800
    $244,300
    -
    $83,500
    $160,800
    $244,300

    Comparable in this City

    • Value Estimation
      $355,000
      720 SF

      3537 Tidewater Dr

      AUTO REPAIR, GARAGE • 720 SF
      3537 Tidewater Dr, Norfolk, VA 23509-1355
      View Details
    • Value Estimation by Request
      1,302 SF

      2416 Lafayette Blvd

      AUTO REPAIR, GARAGE • 1,302 SF
      2416 Lafayette Blvd, Norfolk, VA 23509
      View Details
    • Value Estimation
      $505,000
      1,750 SF

      6581 Tidewater Dr

      AUTO REPAIR, GARAGE • 1,750 SF
      6581 Tidewater Dr, Norfolk, VA 23509-1626
      View Details
    • Value Estimation
      $420,000
      1,914 SF

      6575 Tidewater Dr

      AUTO REPAIR, GARAGE • 1,914 SF
      6575 Tidewater Dr, Norfolk, VA 23509-1626
      View Details
    • Value Estimation
      $390,000
      3,005 SF

      5421 Tidewater Dr

      AUTO REPAIR, GARAGE • 3,005 SF
      5421 Tidewater Dr, Norfolk, VA 23509-1438
      View Details
    • Value Estimation
      $480,000
      0.07 Acres

      3132 Verdun Ave

      PARKING LOT • 0.07 Acres
      3132 Verdun Ave, Norfolk, VA 23509
      View Details

    Similar Nearby for Sale

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      3,673 SF

      Norfolk Quadruplex with Water Views

      Four-unit property on a quarter-acre lot with water views.
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    • $800,000
      4,620 SF

      Turn-Key Church in Norfolk, Virginia

      Well-situated church with ample parking near downtown Norfolk.
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      6,985 SF

      Industrial Property Near I-64

      Industrial property with monument signage, conveniently located near I-64.
      6539 Tidewater Dr, Norfolk, VA 23509
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    Similar Nearby for Lease

    • Contact for pricing
      1,450 SF

      Retail Space on Tidewater Drive

      Retail space available for rent with high visibility.
      2591 Tidewater Dr, Norfolk, VA 23509
      View Details
    • $11 SF/Yr
      45,454 SF

      Norfolk County Warehouse Space For Lease

      14,601 SF Industrial Space Available
      3574 Argonne Ave, Norfolk, VA 23509
      View Details
    • $8 SF/Yr
      13,000 SF

      Office/Warehouse with Fenced Yard

      13,000 SF office/warehouse with fenced yard space available for lease.
      3517 Argonne Ave, Norfolk, VA 23509
      View Details
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    2801 Lafayette Blvd
    Norfolk, VA 23509-2539
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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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