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5541 Iowa Ave 2,160 SF Retail Building Norfolk, VA 23513 $525,000 ($243.06/SF)
Executive Summary
Cute 1950 style bungalow office building with enclosed, fenced and gated outside storage area also containing two storage containers and Quonset hut.
The property is located in the Norview/Norvella Heights area of Norfolk with strong transportation access, proximity to the airport and military-related employment centers, and a mix of residential and small commercial uses.
The property is located in the Norview/Norvella Heights area of Norfolk with strong transportation access, proximity to the airport and military-related employment centers, and a mix of residential and small commercial uses.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,160 SF
Building Class
B
Year Built
1973
Price
$525,000
Price Per SF
$243.06
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.23 AC
Zoning
C-2
Frontage
110’ on Iowa Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 35628300 | Improvements Assessment | $157,900 |
| Land Assessment | $59,800 | Total Assessment | $217,700 |
Property Taxes
Parcel Number
35628300
Land Assessment
$59,800
Improvements Assessment
$157,900
Total Assessment
$217,700
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5541 Iowa Ave