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Property profile & analytics
OFF-MARKET
Commercial real estate

9719 21St Bay St Norfolk, VA 23518

Property ID
US87-3404128
Property summary
AI-generated overview

This exceptional 7,500 square foot residential lot in Norfolk, Virginia, presents a unique opportunity for waterfront living. Located at 9719 21st Bay St, zip code 23518, this property boasts a desirable location in the Ocean View area. The lot measures 50 feet by 150 feet and features a significant advantage: granite boulder bulkheading along the waterfront. This robust protection, sourced from West Virginia, is a substantial investment already incorporated into the asking price of $525,000. This unique feature is unparalleled in Norfolk, offering superior shoreline protection and peace of mind. The permitted zoning is R-C, allowing for single-family residential development. A potential single-family home footprint of 35 feet by 67.8 feet is suggested, though final plans are subject to local building codes and approvals. The property's APN is 20616200 and ownership is simple. This is a rare chance to acquire a premium waterfront lot with exceptional built-in protection, offering both beauty and security. Don't miss this opportunity to build your dream home in a highly sought-after location.

Property profile
Verified
Property type Commercial real estate
APN 20616200
UPID US87-3404128
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 21st Bay St Beach Access Resort
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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