Commercial Real Estate in Norfolk | Reonomy

Commercial Real Estate in Norfolk

Unlock property data on 562 commercial properties in Norfolk. Search through Norfolk property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Norfolk commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Norfolk commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Connecticut Norfolk
Average price/sqft -- -- --
Average sold price $688,894 $362,619 $348,553
Median sold price $129,108 $160,537 $180,000
Number of sales 5,305,365 24,933 23
Number of sales over $250k 1,905,513 8,945 5
Number of sales over $1m 381,649 1,237 2
Number of sales over $10m 53,284 49 --
Average total tax amount $4,985 $10,956 $5,999
Average assessed value $220,927 $353,885 $240,566
Average market value $301,859 $353,885 $240,566

Norfolk commercial real estate property averages

Property averages United States Connecticut Norfolk
Average lot size 822,420 sf 137,556 sf 1,215,576 sf
Median lot size 24,452 sf 12,207 sf 441,408 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1926 1930
Average number of units 18 4 1
Median number of units 2 2 --

Norfolk commercial real estate total supply

Supply United States Connecticut Norfolk
Number of parcels 132,891,959 310,739 565
Aggregate lot acerage 822,713,856 535,290 7,367
Aggregate building area -- -- --
Aggregate units 111,837,307 599,256 207

Norfolk commercial real estate industrial mortgages

Debt United States Connecticut Norfolk
Number of mortgages 44,177,923 444,571 452
Average value of mortgages $5,647,556 $962,605 $275,936

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