Individually Owned 
For Sale
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Property summary
This exceptional 10,908-square-foot retail property, located at 7912 Halprin Drive in Norfolk, Virginia, presents a unique investment opportunity. The single-tenant building sits on a 1.08-acre lot in Norfolk city County, zip code 23518, and is currently vacant. Its strategic location along E Little Creek Road offers significant visibility and accessibility due to its placement at a high-traffic, signalized intersection. The property boasts extensive road frontage with multiple points of… access, ensuring convenient ingress and egress for customers and employees. This prime location is ideally situated midway between the Norfolk Naval Station and the Joint Expeditionary Base (Little Creek Fort Story), providing access to a substantial and densely populated middle-income demographic, including a significant number of active-duty military personnel and their support networks. The property's size and location make it suitable for a variety of restaurant or retail concepts seeking to capitalize on this thriving market. The entire building is available for lease, offering a blank canvas for a new business venture. This is a rare opportunity to establish a presence in a high-demand area with strong potential for growth and return on investment. The property's coordinates are 36.9155778 latitude and -76.2195595 longitude.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 12,110 SF
- Lot area
- 1.09 ac
- Year built
- 2001
- Stories
- 2
- APN
- 18259815
- Zoning
- C-3
- Assessed value · 2024
- $2,258,800
- Annual tax · 2024
- $28,235
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $28,235
- Selected cap rate
- Auto Repair, Garage
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Norfolk market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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