Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

602 Norfolk Ave 101 Virginia Beach, VA 23451

OFF-MARKET
Warehouses
Property ID
US87-0733266
6,417 SF 0.24 ac lot Built 1974
Last sale Oct 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$5k
Tax billed · 2024
Assessed value$520k
Assessed land$355k
Assessed improvement$166k
Effective rate0.97%

Value estimate

· Nov 2026
$315k
$284k – $347k
Submarket $/SF estimate$668k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$89 – $313
Qualifying comparables10

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?
I1
The purpose of the I-1 Light Industrial District is to permit light industrial uses, wholesaling, storage, packaging, distribution, and r...
General categoryINDUSTRIAL
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.7
Garden Center9.6
Spa & Massage9.5

Location

602 Norfolk Ave, Unit 101 Virginia Beach, VA 23451-4419
County assessor Recorded deeds · 4 transfers 10 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
808 15th, Virginia Beach, VA 23451-4387 $645,000 Sep 2021 5,600 SF
1252 Jensen, Virginia Beach, VA 23451-5890 $395,000 Aug 2021 7,140 SF
1265 Jensen, Virginia Beach, VA 23451-5889 $725,000 Jun 2021 5,805 SF
1104 Jensen, Virginia Beach, VA 23451-5872 $390,000 Dec 2020 3,972 SF
1165 Jensen, Virginia Beach, VA 23451-5880 $230,000 Nov 2018 4,750 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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