Property profile

7912 Halprin Dr Norfolk, VA 23518

OFF-MARKET
Drug stores
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Property ID
US87-3369764
12,110 SF 1.09 ac Built 2001
Last sale Oct 2026·$2,075,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This single-tenant Rite Aid drug store building is situated on a developed 1.06-acre lot and includes a drive-thru window and multiple ingress/egress points. The property is positioned on a signalized hard-corner intersection along East Little Creek Road, a major east-west thoroughfare connecting the Virginia Port Authority on the Elizabeth River to the Chesapeake Bay, and provides access from this intersection. The store is located on a pad site within a shopping center that includes tenants…

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?
$28k
Tax billed · 2024
Assessed value$2.26M
Assessed land$662k
Assessed improvement$1.60M
Effective rate1.25%

Value estimate

· Nov 2026
$3.76M
$3.38M – $4.14M
AI approach$3.75M
Submarket $/SF estimate$3.02M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$165/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$106 – $260
Qualifying comparables6

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?
C-3
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 agency33.2
Law Firm26.2
Spa & Massage22.1

Location

7912 Halprin Dr Norfolk, VA 23518-3006
County assessor Recorded deeds · 2 transfers 6 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
8459 Chesapeake, Norfolk, VA 23518-2615 $600,000 Jan 2025 6,600 SF
4261 Little Crk, Norfolk, VA 23518-3546 $2,915,000 Sep 2024 13,606 SF
4035 Ocean Vw, Norfolk, VA 23518-1613 $2,500,000 Feb 2024 12,136 SF
7821 Military, Norfolk, VA 23518-4010 $260,000 Aug 2019 9,658 SF
8474 Chesapeake, Norfolk, VA 23518-2634 $1,591,275 Jun 2019 7,489 SF
1600 Little Crk, Norfolk, VA 23518-4108 $1,300,000 Dec 2018 19,080 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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