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    Property profile & analytics

    9545 Shr Dr Norfolk, VA 23518-1711

    • Community centers
    • 62,956 SF
    • 4.47 lot acres
    OFF-MARKET
    Value Estimation
    $7,450,000
    Last Sale
    Nov 27, 2024
    $7,500,000
    Location Intelligence
    Property ID
    US87-3356919
    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

    • East Beach Urgent Care / Doctor
    • Jenalee Shields / Physician Assistant
    • Ashley Brittingham / Nurse Practitioner
    • 9545 Shore Dr Parking / Parking Lot

    Property Details for 9545 Shr Dr

    Year built
    1986
    Lot size
    4.47 lot acres
    Property size
    62,956 SF
    Zone code
    C-2
    Property type
    Community centers
    APN
    39729906
    APU
    39729906

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,435,000
      6.5%
      $7,245,000
      7%
      $7,180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,120,000
      Geo Method
      $7,425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,745,000
      Retail
      $8,085,000
      Mixed-Use
      $7,505,000
      Hospitality
      $6,475,000
      Educational
      $7,695,000
      Residential Income
      $8,055,000
      Energy
      $6,355,000
      Income-Based Land
      $7,505,000
      Food Service
      $7,385,000

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.192
    Latitude
    36.9278
    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
    $50,414
    $2,478,700
    $1,554,400
    $4,033,100
    -
    $2,478,700
    $1,554,400
    $4,033,100

    Comparable in this City

    • Value Estimation by Request
      51,934 SF

      2406 Little Crk Rd

      MINI-MALL • 51,934 SF
      2406 Little Crk Rd, Norfolk, VA 23518-3224
      View Details
    • Value Estimation by Request
      34,612 SF

      6200 Military Hwy

      MINI-MALL • 34,612 SF
      6200 Military Hwy, Norfolk, VA 23518-5400
      View Details
    • Value Estimation by Request
      51,601 SF

      4231 Little Crk Rd

      MINI-MALL • 51,601 SF
      4231 Little Crk Rd, Norfolk, VA 23518-3575
      View Details
    • Value Estimation by Request
      109,079 SF

      2300 Little Crk Rd

      MINI-MALL • 109,079 SF
      2300 Little Crk Rd, Norfolk, VA 23518-3225
      View Details
    • Value Estimation by Request
      137,834 SF

      1817 Little Creek Rd

      Lifestyle centers • 137,834 SF
      1817 Little Creek Rd, Norfolk, VA 23518
      View Details
    • Value Estimation by Request
      92,000 SF

      1710-1780 Little Creek Rd

      Lifestyle centers • 92,000 SF
      1710-1780 Little Creek Rd, Norfolk, VA 23518
      View Details

    Similar Nearby for Sale

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      Commercial property on heavily traveled road, suitable for retail.
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      12,579 SF

      Shore Drive Retail Opportunity

      Waterfront Restaurant, 12,579 SF
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    Similar Nearby for Lease

    • $8 SF/Yr
      109,185 SF

      Roosevelt Gardens Shopping Center

      Norfolk Retail Center: Spaces Available
      2300 Little Creek Rd, Norfolk, VA 23518
      View Details
    • Contact for pricing
      109,180 SF

      Roosevelt Gardens Retail Center

      Norfolk, VA Neighborhood Center - Multiple Suites Available
      2300 Little Creek Rd, Norfolk, VA 23518
      View Details
    • $12 SF/Yr
      92,000 SF

      Little Creek Square Retail Center

      Norfolk Shopping Center, Multiple Spaces Available
      1710-1780 Little Creek Rd, Norfolk, VA 23518
      View Details
    • Contact for pricing
      1,500 SF

      Norfolk Retail Space for Lease

      Grocery-anchored shopping center space available in Norfolk, Virginia.
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      View Details
    • Contact for pricing
      3,950 SF

      Retail Space with High Visibility

      Retail property with significant frontage and high traffic volume.
      9545-9563 Shore Dr, Norfolk, VA 23518
      View Details
    • Contact for pricing
      137,834 SF

      Retail Shopping Center For Rent

      Retail shopping center in Norfolk, VA, anchored by Food Lion.
      1817-1855 E Little Creek Rd, Norfolk, VA 23518
      View Details
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    Norfolk, VA 23518-1711
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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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