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    Property profile & analytics

    Ns Simpson St Norfolk, VA 23513

    • Industrial land
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 12, 2023
    $1,553,194
    Location Intelligence
    Property ID
    US87-3398584
    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

    • Industrial land

    Property Details for Ns Simpson St

    Lot size
    1.53 lot acres
    Zone code
    I-3
    Property type
    Industrial land
    APN
    39623200
    APU
    39623200

    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
    -76.2512
    Latitude
    36.8791
    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
    $3,251
    $260,100
    $0.00
    $260,100
    -
    $260,100
    $0.00
    $260,100

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      2727 Wyoming Ave

      INDUSTRIAL - VACANT LAND • 0.17 Acres
      2727 Wyoming Ave, Norfolk, VA 23513-4439
      View Details
    • Value Estimation by Request
      0.09 Acres

      2629 Florida Ave

      INDUSTRIAL - VACANT LAND • 0.09 Acres
      2629 Florida Ave, Norfolk, VA 23513-4406
      View Details
    • Value Estimation by Request
      0.07 Acres

      Ws Arkansas Ave

      INDUSTRIAL - VACANT LAND • 0.07 Acres
      Ws Arkansas Ave, Norfolk, VA 23513
      View Details
    • Value Estimation by Request
      0.08 Acres

      Ws Florida Ave

      INDUSTRIAL - VACANT LAND • 0.08 Acres
      Ws Florida Ave, Norfolk, VA 23513
      View Details
    • Value Estimation by Request
      0.07 Acres

      3130 Arizona Ave

      INDUSTRIAL - VACANT LAND • 0.07 Acres
      3130 Arizona Ave, Norfolk, VA 23513-4113
      View Details
    • Value Estimation by Request
      0.06 Acres

      Ws Florida Ave

      INDUSTRIAL - VACANT LAND • 0.06 Acres
      Ws Florida Ave, Norfolk, VA 23513
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Chesapeake Boulevard Commercial Building

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    Similar Nearby for Lease

    • $9 SF/Yr
      6,880 SF

      Norfolk Office Space For Rent

      6,880 square foot office space available for lease.
      2424 Alabama Ave, Norfolk, VA 23513
      View Details
    • Contact for pricing
      13,403 SF

      Norfolk Office Space For Rent

      Office space for rent with ample parking and loading.
      5301 Robin Hood Rd, Norfolk, VA 23513
      View Details
    • $13 SF/Yr
      8,500 SF

      Norfolk Commerce Park Office Space

      Office/flex space in Norfolk Commerce Park, near airport.
      2600 Eltham Ave, Norfolk, VA 23513
      View Details
    • $16 SF/Yr
      3,064 SF

      Norfolk Flex Space Available

      Flex space in Norfolk with dock and grade loading.
      7421 Central Business Park Dr, Norfolk, VA 23513
      View Details
    • Contact for pricing
      2,332 SF

      Norfolk Flex Space For Rent

      Single-story flex space with dock and grade loading access.
      2551 Eltham Ave, Norfolk, VA 23513
      View Details
    • $18 SF/Yr
      7,632 SF

      Norfolk Office/Flex Building For Rent

      Attractive office/flex building near Norfolk International Airport.
      5425 Robin Hood Rd, Norfolk, VA 23513
      View Details
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    Ns Simpson St
    Norfolk, VA 23513
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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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