Residential

Norfolk, VA Residential Land & Home Lots for Sale

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Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA Carrollton, VA
14 properties
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Water-View Residential Lot
Updated: May 30
Water-View Residential Lot

1915 Arlington Avenue, Norfolk, VA 23523

$240,000
0.75 AC lot
Waterfront lot with water views across from the Elizabeth River
3 lots total, accessed from 1915 Arlington Ave via a cul‑de‑sac
Two additional flag lots accessed from Montclair at 1919 and 1923 Arlington Ave
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Residential Vacant Lot in Norfolk
Updated: Mar 25
Residential Vacant Lot in Norfolk

601 Thole Street, Norfolk, VA 23505

$350,000
1.78 AC lot
1.7833 Acre Lot
Vacant Residential Lot
Wooded Lot, offering privacy and natural beauty
Waterfront Features enhance the property's appeal
Waterfront provides stunning views and recreational opportunities
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LAND - Norfolk, VA
LAND - Norfolk, VA

1086 W Ocean View Avenue, Norfolk, VA 23503

$499,900
0.32 AC lot

Land · 0.32 Acres

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Cleared Residential Building Lot
Cleared Residential Building Lot

1090 Johnstons Rd, Norfolk, VA 23513

$150,000
0.26 AC lot

A cleared 0.26-acre home site ready for new construction near interstates, beaches, shopping, dining, and military installations.

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LAND - Norfolk, VA
LAND - Norfolk, VA

1090 Johnstons Road, Norfolk, VA 23513

$150,000
0.17 AC lot

Land · 0.17 Acres

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Norfolk Land For Sale
Norfolk Land For Sale

431 W Ocean View Avenue, Norfolk, VA 23503

$210,000

Land available in Norfolk, Virginia. Home is tear down.

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LAND - Norfolk, VA
LAND - Norfolk, VA

266 W Ocean View Avenue, Norfolk, VA 23503

$475,000

Land

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Cleared Residential Land Parcel
Cleared Residential Land Parcel

1007 Tunstall Ave, Norfolk, VA 23504

$60,000
0.08 AC lot

Cleared vacant lot zoned R-11, suitable for building a single-family residence.

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LAND - Norfolk, VA
LAND - Norfolk, VA

422 Clifton Street, Norfolk, VA 23523

$30,000
0.07 AC lot

Land · 0.07 Acres

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Land
Land

2035 Foxs Lair Trl, Norfolk, VA 23518

$319,000

Waterfront Land

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Residential Development Land Auction Parcels
Residential Development Land Auction Parcels

625 West 29th Street, Norfolk, VA 23508

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Vacant, residential-zoned lots offered as build-ready parcels with single-family home construction requirements.

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Residential Land Lot
Residential Land Lot

1433 Calhoun St, Norfolk, VA 23504

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For sale residential land lot at 1433 Calhoun St in Norfolk, Virginia.

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Residential Land for Development
Residential Land for Development

330 Peace Haven Dr, Norfolk, VA

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14.01 AC lot

14-acre parcel for 23 single-family residential lots.

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Waterfront Residential Development Land
Waterfront Residential Development Land

330 Peace Haven Drive, Norfolk, VA 23502

$2,250,000
14.01 AC lot

14.008-acre parcel on Mill Creek with approved plans to develop 23 single-family lots.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Adjacent Vacant Residential Lots
Adjacent Vacant Residential Lots

311 Dinwiddie St, Portsmouth, VA 23704

$139,900

Two side-by-side vacant lots are offered together, with HR zoning allowing multifamily residential subject to approvals.

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Adjacent Vacant Development Lots
Adjacent Vacant Development Lots

313 Dinwiddie St, Portsmouth, VA 23704

$139,900

Two side-by-side vacant lots are offered together, with Historic Residential zoning supporting multifamily development subject to approvals.

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South Norfolk Vacant Lot
South Norfolk Vacant Lot

409 B Street, Chesapeake, VA 23324

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Vacant lot in Chesapeake's South Norfolk section.

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LAND - Chesapeake, VA
LAND - Chesapeake, VA

411 B Street, Chesapeake, VA 23324

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Land

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Norfolk, VA Residential Land & Home Lots Market Trends and Statistics

Explore 14 residential land & home lots for sale in Norfolk, VA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 1,369,814 square feet of properties for sale, with an estimated market value of $4,733,900.

Sale prices for home sites in Norfolk, VA start at $30,000, averaging $430,354, and reaching up to $2,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 11
Residential land & home lots 10
Waterfront Land 7

Demographics Overview

Population 235K
Population Growth (5Y) -4.3%
Median Household Income $64,747
College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23508 $38K
23523 $145K
23513 $150K
23505 $350K
23503 $395K

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $9.43 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norfolk fall within the under-1-acre range.

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