Property profile

951 Ernies Way Norfolk, VA 23502

OFF-MARKET
Warehouses
Saved · see the list in your Dashboard
Property ID
US87-3355880
103,500 SF 2.04 ac Built 2009
Last sale Oct 2016·$768,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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?
$90k
Tax billed · 2024
Assessed value$7.20M
Assessed land$975k
Assessed improvement$6.22M
Effective rate1.25%

Value estimate

· Nov 2026
$7.64M
$6.87M – $8.40M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$79 – $168

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?
I-1
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.6
Plumbing Service10.1
Locksmith9.3

Location

951 Ernies Way Norfolk, VA 23502-2965
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
1155 Pineridge, Norfolk, VA 23502-2043 $8,500,000 Sep 2024 72,505 SF
3500 Progress, Norfolk, VA 23502 $6,031,000 May 2023 81,734 SF
4555 Progress, Norfolk, VA 23502-1910 $10,500,000 Jun 2022 112,317 SF
3550 Virginia Bch, Norfolk, VA 23502-3129 $4,250,000 Jan 2022 67,231 SF
1400 Sewells Pt, Norfolk, VA 23502-2050 $19,513,480 Nov 2021 161,420 SF
1187 Azalea Gdn, Norfolk, VA 23502-5601 $17,167,600 Oct 2021 138,480 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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