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    Property profile & analytics

    735 Newtown Rd Norfolk, VA 23502-3900

    • Office buildings
    • 6,734 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US87-3388628
    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

    • Bragg Laurence Dickerson Attorney at Law / Attorney
    • The Law Offices of Goss & Fentress / Attorney / Social Security Attorney
    • Bowman, Erick A / Attorney
    • Fentress, Russell J / Social Security Attorney / Attorney
    • Law Offices Of Steve C Taylor / Bankruptcy Attorney

    Property Details for 735 Newtown Rd

    Year built
    1982
    Lot size
    0.41 lot acres
    Property size
    6,734 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    19713270
    APU
    19713270

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $435,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $435,000
      Mixed-Use
      $485,000
      Hospitality
      $405,000
      Educational
      $490,000
      Residential Income
      $440,000
      Energy
      $510,000
      Income-Based Land
      $400,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.1796
    Latitude
    36.8506
    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
    $8,135
    $178,400
    $472,400
    $650,800
    -
    $178,400
    $472,400
    $650,800

    Comparable in this City

    • Value Estimation by Request
      35,076 SF

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    • Value Estimation by Request
      48,246 SF

      5900 Virginia Bch Blvd

      OFFICE BUILDING (MULTI-STORY) • 48,246 SF
      5900 Virginia Bch Blvd, Norfolk, VA 23502-2530
      View Details
    • Value Estimation by Request
      47,138 SF

      861 Glenrock Rd

      OFFICE BUILDING • 47,138 SF
      861 Glenrock Rd, Norfolk, VA 23502-3720
      View Details
    • Value Estimation by Request
      65,351 SF

      6160 Commander Pkwy

      OFFICE BUILDING (MULTI-STORY) • 65,351 SF
      6160 Commander Pkwy, Norfolk, VA 23502-5518
      View Details
    • Value Estimation by Request
      23,063 SF

      5678 Virginia Bch Blvd

      OFFICE BUILDING • 23,063 SF
      5678 Virginia Bch Blvd, Norfolk, VA 23502-2428
      View Details
    • Value Estimation by Request
      17,129 SF

      5145 Virginia Bch Blvd

      OFFICE BUILDING • 17,129 SF
      5145 Virginia Bch Blvd, Norfolk, VA 23502-3418
      View Details

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    Similar Nearby for Lease

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      Modern Office Space Available

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    • $16 SF/Yr
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      Office space featuring multiple offices, reception, and parking.
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    735 Newtown Rd
    Norfolk, VA 23502-3900
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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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