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1180 Lance Rd; Norfolk, VA Property Details

1180 Lance Rd, Norfolk, VA is a Commercial Building that was built in 1980. This property is currently Financed and is not for sale. Our records show that 1180 Lance Rd has a total of 14,832 square feet. The lot size of 1180 Lance Rd is 44,997 square feet.

Off market
1180 Lance Rd Norfolk, VA 23502
$1,060,300 Estimated Value
14,832 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1980
  • Purchase Price: $1,047,235
  • Open Loans / Balance: 1 / $1,234,080
  • APN: 48940100
  • Situs County: Norfolk City
  • Length Of Ownership: 2 years, 3 months

Structure

  • Stories: 2
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 14,832/SqFt
  • Lot: 44,997/SqFt
  • Gross: 14,832/SqFt
  • Building: 14,832/SqFt
  • Price Per Square Foot: $70.61

Legal Description

  • Description: PARCEL B W BRUCE SHAFER PROP
Building Insights

Land Information

  • Property Type: Commercial Building
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.863857 / -76.21639
  • Property Class: Commercial
  • Zoning: I2
  • County Use Code: 480

Amenities

  • Plus Four: 2405
  • Cooling: Yes
  • Heating: Space/Suspended

Ownership Info

1180 Lance Rd has no associated ownership info
1180 Lance Rd has no associated ownership info.

Taxes

1180 Lance Rd has 10 associated Taxes items

1180 Lance Rd, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,060,300. The APN we've located for 1180 Lance Rd is 48940100.

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Taxes
  • Assessed Value:  $1,060,300
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  48940100
  • Assessed Land Value:  359900
  • Market Land Value:  359900
  • Tax Amount:  13041.68
  • Tax Year:  2025
  • Market Value:  1060300
  • Market Year:  2025

Tax History

1180 Lance Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,060,300 Land Value $359,900 Improvement Value $700,400 Tax Amount $13,041.68 Change Rate +0.004655% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $1,038,500 Land Value $359,900 Improvement Value $678,600 Tax Amount $12,981.25 Change Rate +0.024062% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $1,014,100 Land Value $359,900 Improvement Value $654,200 Tax Amount $12,676.24 Change Rate +0.024757% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $989,600 Land Value $359,900 Improvement Value $629,700 Tax Amount $12,370 Change Rate +0.098458% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $900,900 Land Value $359,900 Improvement Value $541,000 Tax Amount $11,261.24 Change Rate -0.006069% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $906,400 Land Value $359,900 Improvement Value $546,500 Tax Amount $11,330 Change Rate +0.101911% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $887,800 Land Value $359,900 Improvement Value $527,900 Tax Amount $10,282.14 Change Rate -0.044965% Assessed CR Tax Rate +0.011582%
Year 2018 Assessed Value $861,300 Land Value $359,900 Improvement Value $501,400 Tax Amount $10,766.24 Change Rate +0.075097% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $870,800 Land Value $359,900 Improvement Value $510,900 Tax Amount $10,014.2 Change Rate +0.039637% Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $783,900 Land Value $292,400 Improvement Value $491,500 Tax Amount $9,632.4 Change Rate Assessed CR Tax Rate +0.012288%
Year 2015 Assessed Value $783,900 Land Value $292,400 Improvement Value $491,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $783,900 Land Value $292,400 Improvement Value $491,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $9,080.4 Change Rate Assessed CR Tax Rate