Norfolk, VA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Operating Costs & Financing

    Norfolk property taxes are below the county average by 0.01 percentage points. Average Loan-to-Value is 65.0%.

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

    Property Size Breakdown

    Most commercial real estate listings in Norfolk range 100,000+ sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Norfolk.

    Leading Commercial Asset Segments

    Churches & religious facilities 1
    Day care centers 1
    NNN properties 1
    Schools 1

    Norfolk Demographics Overview

    Population 233K
    Population Growth (5Y) -4.3%
    Median Household Income $64,747
    College Educated 51.8%

    Top Neighborhoods for Investment

    Discover the areas of Norfolk with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    23513 $35K - 1.1M $567.5K
    23508 $49.9K - 1.2M $625K
    23504 $199K - 1.3M $749.5K
    23509 $750K - 799K $774.5K
    23510 $1.4M - 2.5M $2M

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