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Property profile & analytics

941 Norfolk Sq Norfolk, VA 23502-3211

  • Manufacturing properties
  • 4,704 SF
  • 0.44 lot acres
OFF-MARKET
Value Estimation
$955,000
Last Sale
Apr 24, 2023
$775,000
Location Intelligence
Property ID
US87-3417872
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

  • Manufacturing properties

Property Details for 941 Norfolk Sq

Year built
1967
Lot size
0.44 lot acres
Property size
4,704 SF
Zone code
BC-1
Property type
Manufacturing properties
APN
31048200
APU
31048200

Description

This exceptional 4,704 square foot building, situated on a fenced .44-acre lot in Norfolk, Virginia (zip code 23502), presents a unique investment opportunity. The property boasts a strategic location offering easy access to Interstates 264 and 64, ensuring seamless transportation and logistics. The building is zoned BC-I (Business & Commerce Park-Industrial), allowing for a variety of uses including business, research, light industrial, and manufacturing activities. The versatile layout includes 1,800 square feet of well-appointed office space, complete with a convenient kitchenette, perfect for administrative functions or executive suites. The remaining 2,904 square feet comprises a spacious shop area, ideal for storage, production, or workshop activities. Access to the shop area is facilitated by a 10' x 10' grade-level loading door, streamlining loading and unloading operations. This property's combination of office and warehouse space, coupled with its prime location and flexible zoning, makes it an attractive option for a wide range of businesses seeking a functional and strategically located facility. The asking price for this exceptional property is $825,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Norfolk
County
Norfolk City
State
Virginia
Longitude
-76.233
Latitude
36.8542
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
$8,906
$114,900
$597,600
$712,500
-
$114,900
$597,600
$712,500
More about this property
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