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1301 Production Rd; Norfolk, VA Property Details

1301 Production Rd, Norfolk, VA is a Commercial Building that was built in 1962. This property is currently a cash purchase and is not for sale. Our records show that 1301 Production Rd has a total of 40,795 square feet. The lot size of 1301 Production Rd is 234,222 square feet.

Off market
1301 Production Rd Norfolk, VA 23502
$2,651,600 Estimated Value
40,795 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1962
  • Purchase Price: $2,182,500
  • Open Loans / Balance: 1 / $2,041,528
  • APN: 14192400
  • Situs County: Norfolk City
  • Length Of Ownership: 7 years, 7 months

Structure

  • Stories: 1
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 40,795/SqFt
  • Lot: 234,222/SqFt
  • Gross: 40,795/SqFt
  • Building: 40,795/SqFt
  • Price Per Square Foot: $53.50

Legal Description

  • Description: 4.8527 AC
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: 36.858704 / -76.24496
  • Subdivision: Norfolk Industrial Park
  • Property Class: Commercial
  • Zoning: BC2
  • County Use Code: 480

Amenities

  • Plus Four: 1921
  • Cooling: Yes
  • Heating: Space/Suspended

Ownership Info

1301 Production Rd has no associated ownership info
1301 Production Rd has no associated ownership info.

Taxes

1301 Production Rd has 10 associated Taxes items

1301 Production 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 $2,651,600. The APN we've located for 1301 Production Rd is 14192400.

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Taxes
  • Assessed Value:  $2,651,600
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  14192400
  • Assessed Land Value:  1437400
  • Market Land Value:  1437400
  • Tax Amount:  32614.68
  • Tax Year:  2025
  • Market Value:  2651600
  • Market Year:  2025

Tax History

1301 Production Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,651,600 Land Value $1,437,400 Improvement Value $1,214,200 Tax Amount $32,614.68 Change Rate +0.004881% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $2,596,500 Land Value $1,437,400 Improvement Value $1,159,100 Tax Amount $32,456.25 Change Rate +0.014654% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $2,559,000 Land Value $1,437,400 Improvement Value $1,121,600 Tax Amount $31,987.52 Change Rate +0.048298% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $2,441,100 Land Value $1,347,600 Improvement Value $1,093,500 Tax Amount $30,513.76 Change Rate +0.161654% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $2,101,400 Land Value $988,200 Improvement Value $1,113,200 Tax Amount $26,267.52 Change Rate Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $2,088,400 Land Value $988,200 Improvement Value $1,100,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $2,054,500 Land Value $988,200 Improvement Value $1,066,300 Tax Amount $23,168.58 Change Rate -0.08933% Assessed CR Tax Rate +0.011277%
Year 2018 Assessed Value $2,035,300 Land Value $988,200 Improvement Value $1,047,100 Tax Amount $25,441.24 Change Rate +0.128657% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $1,960,100 Land Value $988,200 Improvement Value $971,900 Tax Amount $22,541.16 Change Rate +0.084966% Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $1,681,500 Land Value $943,300 Improvement Value $738,200 Tax Amount $20,775.92 Change Rate Assessed CR Tax Rate +0.012356%
Year 2015 Assessed Value $1,681,500 Land Value $943,300 Improvement Value $738,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,681,500 Land Value $943,300 Improvement Value $738,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $19,705.24 Change Rate Assessed CR Tax Rate