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Financial
Distress signals
Property profile

5875 Adderley St Norfolk, VA 23502

OFF-MARKET
Showrooms
Property ID
US87-3398915
7,500 SF 0.3 ac lot Built 1998
Last sale Apr 2017 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$519k
Assessed land$67k
Assessed improvement$452k
Effective rate1.25%

Value estimate

· Oct 2026
$335k
$302k – $369k
Submarket $/SF estimate$724k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$107/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$67 – $143
Qualifying comparables15

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-2
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.6
Locksmith9.0
Cafe & Coffee Shop8.6

Location

5875 Adderley St Norfolk, VA 23502-4601
County assessor Recorded deeds · 4 transfers 15 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6147 Virginia Bch, Norfolk, VA 23502-2701 $2,750,000 Jan 2025 11,200 SF
3512 Princess Anne, Norfolk, VA 23502-1550 $500,000 Nov 2024 3,974 SF
5671 Raby, Norfolk, VA 23502 $2,200,000 May 2023 13,631 SF
3384 Princess Anne, Norfolk, VA 23502 $455,000 Dec 2022 5,730 SF
3525 Virginia Bch, Norfolk, VA 23502-3128 $200,000 Dec 2021 4,648 SF
5588 Raby, Norfolk, VA 23502-2431 $1,600,000 Oct 2021 6,860 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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