Financial
Distress signals
Property profile

3347 Lyons Ave Norfolk, VA 23509

FOR LEASE
Other warehouses
Property ID
US87-3397579
9,835 SF 0.64 ac lot Built 1956
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

3347–3353 Lyons Avenue is a flexible industrial property within Norfolk Industrial Park, with convenient access to I-64 and I-264. The building is suited for contractors, light manufacturing, and service-oriented uses, and includes two dock-height doors (each 8' x 8') and one grade-level door (10' x 10') to support deliveries and shipping. The property also provides a fenced yard area for secure outdoor storage or parking and has 3-phase electrical service. Building signage availability is included.

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?
$7k
Tax billed · 2024
Assessed value$524k
Assessed land$112k
Assessed improvement$412k
Effective rate1.25%

Value estimate

· Sep 2026
$345k
$311k – $380k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$79 – $168

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?
I-1
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency44.3
Law Firm37.7
Dental Office28.9

Location

3347 Lyons Ave Norfolk, VA 23509
County assessor Recorded deeds · not on file 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
3517 Argonne, Norfolk, VA 23509-2156 $850,000 Sep 2024 12,987 SF
6969 Tidewater, Norfolk, VA 23509-1628 $585,464 Sep 2024 4,035 SF
3540 Argonne, Norfolk, VA 23509-2155 $16,300 Aug 2021 2,976 SF
818 Norview, Norfolk, VA 23509-1541 $500,000 Sep 2020 14,168 SF
3022 Cromwell, Norfolk, VA 23509 $795,000 Mar 2020 4,940 SF
3211 Lafayette, Norfolk, VA 23509-2547 $795,000 Mar 2020 27,835 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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