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317 Fairfax Ave 0.07 Acres of Commercial Land Offered at $90,000 in Norfolk, VA 23507
INVESTMENT HIGHLIGHTS
- • Zoning Advantage: Zoned HC-G1 (Historic Commercial/Residential), which offers flexibility for new construction, subject to city approval .
EXECUTIVE SUMMARY
Discover an extraordinary opportunity to own land in one of Norfolk's most coveted and walkable neighborhoods. This vacant, buildable lot is situated on Fairfax Avenue, serving as a prime link between the charm of Historic Ghent and the elegance of the Freemason District.
This is a rare chance for a developer or a private buyer to own land in a location defined by historic architecture, cultural landmarks, and unmatched urban accessibility.
Key Features & Location Highlights
• Unbeatable Location: Enjoy a short stroll to the Chrysler Museum of Art, the scenic Hague Waterfront, and the vibrant restaurants, cafes, and boutiques along Colley Avenue and Granby Street.
• Development Potential: The lot is flat and ready for development, with public utilities (water, sewer, electric) available at the street line.
• Historic Review: New construction is subject to the City of Norfolk's Architectural Review Board (ARB)guidelines to ensure the design is compatible with the surrounding historic district, protecting your investment and neighborhood character.
This is a rare chance for a developer or a private buyer to own land in a location defined by historic architecture, cultural landmarks, and unmatched urban accessibility.
Key Features & Location Highlights
• Unbeatable Location: Enjoy a short stroll to the Chrysler Museum of Art, the scenic Hague Waterfront, and the vibrant restaurants, cafes, and boutiques along Colley Avenue and Granby Street.
• Development Potential: The lot is flat and ready for development, with public utilities (water, sewer, electric) available at the street line.
• Historic Review: New construction is subject to the City of Norfolk's Architectural Review Board (ARB)guidelines to ensure the design is compatible with the surrounding historic district, protecting your investment and neighborhood character.
PROPERTY FACTS
| Price | $90,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.07 AC |
| Property Type | Land | ||
| Zoning | HC-G1 - Historic Commercial/Residential | ||
| Price | $90,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.07 AC |
| Zoning | HC-G1 - Historic Commercial/Residential |
1 LOT AVAILABLE
Lot
| Price | $90,000 | Lot Size | 0.07 AC |
| Price Per AC | $1,257,756.16 |
| Price | $90,000 |
| Price Per AC | $1,257,756.16 |
| Lot Size | 0.07 AC |
3,117 sf of HC-G1 zoned land available for sale in Norfolk, VA.
DESCRIPTION
This property is located at the heart of Norfolk, VA. This makes the property quite accessible for both commuters and residents.
1 1
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (73)
PROPERTY TAXES
| Parcel Number | 84579110 | Improvements Assessment | $0 |
| Land Assessment | $56,100 | Total Assessment | $56,100 |
PROPERTY TAXES
Parcel Number
84579110
Land Assessment
$56,100
Improvements Assessment
$0
Total Assessment
$56,100
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317 Fairfax Ave
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