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1571 Premium Outlets Blvd; Norfolk, VA Property Details

1571 Premium Outlets Blvd, Norfolk, VA is a Hotel that was built in 2020. This property is not for sale. Our records show that 1571 Premium Outlets Blvd has a total of 45,276 square feet. The lot size of 1571 Premium Outlets Blvd is 221,633 square feet.

Off market
1571 Premium Outlets Blvd Norfolk, VA 23502
$8,143,600 Estimated Value
45,276 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2020
  • Open Loans / Balance: 1 / $8,366,191
  • APN: 80997633
  • Situs County: Norfolk City

Structure

  • Stories: 4
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 45,276/SqFt
  • Lot: 221,633/SqFt
  • Gross: 45,276/SqFt
  • Building: 45,276/SqFt

Legal Description

  • Description: UNIT D - 1.437 ACRES LAKE WRIGHT RETAIL CONDOMINIUM
Building Insights

Land Information

  • Property Type: Hotel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.878956 / -76.19595
  • Subdivision: Lake Wright Retail
  • Property Class: Commercial
  • County Use Code: 411

Amenities

  • Plus Four: 5526
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

1571 Premium Outlets Blvd has no associated ownership info
1571 Premium Outlets Blvd has no associated ownership info.

Taxes

1571 Premium Outlets Blvd has 10 associated Taxes items

1571 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 $8,143,600. The APN we've located for 1571 Premium Outlets Blvd is 80997633.

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Taxes
  • Assessed Value:  $8,143,600
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  80997633
  • Assessed Land Value:  876500
  • Market Land Value:  876500
  • Tax Amount:  101795
  • Tax Year:  2026
  • Market Value:  8143600
  • Market Year:  2026

Tax History

1571 Premium Outlets Blvd has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $8,143,600 Land Value $876,500 Improvement Value $7,267,100 Tax Amount $101,795 Change Rate +0.066414% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $7,760,600 Land Value $876,500 Improvement Value $6,884,100 Tax Amount $95,455.4 Change Rate +0.061471% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $7,194,200 Land Value $876,500 Improvement Value $6,317,700 Tax Amount $89,927.5 Change Rate +0.174736% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $6,124,100 Land Value $876,500 Improvement Value $5,247,600 Tax Amount $76,551.24 Change Rate +0.063932% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $5,756,100 Land Value $876,500 Improvement Value $4,879,600 Tax Amount $71,951.24 Change Rate Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $5,756,100 Land Value $876,500 Improvement Value $4,879,600 Tax Amount $71,951.24 Change Rate -0.009073% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $5,808,800 Land Value $876,500 Improvement Value $4,932,300 Tax Amount $72,610 Change Rate +5.627274% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $876,500 Land Value $876,500 Improvement Value Tax Amount $10,956.24 Change Rate Assessed CR Tax Rate +0.0125%