Taxes
- Assessed Value: $2,949,900
- Assessed Year: 2026
- Assessed County: Norfolk City
- APN: 80997630
- Assessed Land Value: 1226600
- Market Land Value: 1226600
- Tax Amount: 36873.75
- Tax Year: 2026
- Market Value: 2949900
- Market Year: 2026
1501 Premium Outlets Blvd; Norfolk, VA Property Details
Off market
1501 Premium Outlets Blvd Norfolk, VA 23502
$2,949,900 Estimated Value
4,921 SqFt
Property Type
Drive-thru RestaurantProperty Details
Summary
- Owners / Type: 1 / Trust
- Owner Status: Trust
- Year Built: 2019
- Open Loans / Balance: 1 / $1,452,779
- APN: 80997630
- Situs County: Norfolk City
Structure
- Stories: 1
- Building Condition: Average
- Building Quality: B
- Patio Type: Patio
Measurements
- Total: 4,921/SqFt
- Lot: 24,089/SqFt
- Gross: 4,921/SqFt
- Building: 4,921/SqFt
Legal Description
- Description: UNIT A - 1.547 ACRES LAKE WRIGHT RETAIL CONDOMINIUM
Building Insights
Land Information
- Property Type: Drive-thru Restaurant
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Norfolk City Public Schools
- Lat / Lon: 36.877586 / -76.19361
- Property Class: Commercial
- County Use Code: 436
Amenities
- Plus Four: 5526
- Cooling: Yes
- Heating: Yes
Ownership Info
1501 Premium Outlets Blvd has no associated ownership info
1501 Premium Outlets Blvd has no associated ownership info.
Taxes
1501 Premium Outlets Blvd has 10 associated Taxes items
1501 Premium Outlets Blvd, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $2,949,900. The APN we've located for 1501 Premium Outlets Blvd is 80997630.
Unlock the full reportTax History
1501 Premium Outlets Blvd has 8 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $2,949,900 | Land Value $1,226,600 | Improvement Value $1,723,300 | Tax Amount $36,873.75 | Change Rate +0.040781% | Assessed CR | Tax Rate +0.0125% |
| Year 2025 | Assessed Value $2,880,400 | Land Value $1,226,600 | Improvement Value $1,653,800 | Tax Amount $35,428.92 | Change Rate +0.009443% | Assessed CR | Tax Rate +0.0123% |
| Year 2024 | Assessed Value $2,807,800 | Land Value $1,226,600 | Improvement Value $1,581,200 | Tax Amount $35,097.5 | Change Rate +0.009346% | Assessed CR | Tax Rate +0.0125% |
| Year 2023 | Assessed Value $2,781,800 | Land Value $1,226,600 | Improvement Value $1,555,200 | Tax Amount $34,772.52 | Change Rate +0.017205% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $2,671,600 | Land Value $1,226,600 | Improvement Value $1,445,000 | Tax Amount $34,184.39 | Change Rate +0.110199% | Assessed CR | Tax Rate +0.012795% |
| Year 2021 | Assessed Value $2,463,300 | Land Value $1,226,600 | Improvement Value $1,236,700 | Tax Amount $30,791.24 | Change Rate | Assessed CR | Tax Rate +0.0125% |
| Year 2020 | Assessed Value $2,295,800 | Land Value $1,226,600 | Improvement Value $1,069,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $2,265,300 | Land Value $1,226,600 | Improvement Value $1,038,700 | Tax Amount $28,316.24 | Change Rate | Assessed CR | Tax Rate +0.0125% |