Taxes
- Assessed Value: $15,991,900
- Assessed Year: 2026
- Assessed County: Norfolk City
- APN: 80997632
- Assessed Land Value: 841800
- Market Land Value: 841800
- Tax Amount: 199898.75
- Tax Year: 2026
- Market Value: 15991900
- Market Year: 2026
1581 Premium Outlets Blvd; Norfolk, VA Property Details
Off market
1581 Premium Outlets Blvd Norfolk, VA 23502
$15,991,900 Estimated Value
Property Type
HotelProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2025
- Purchase Price: $1,400,000
- Open Loans / Balance: 1 / $18,857,760
- APN: 80997632
- Situs County: Norfolk City
- Length Of Ownership: 3 years, 7 months
Structure
- Building Condition: Average
- Building Quality: C
Measurements
- Lot: 351,355/SqFt
Legal Description
- Description: UNIT C - 1.380 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: 36.879875 / -76.19508
- Subdivision: Lake Wright Retail Condominium
- Property Class: Commercial
- County Use Code: 411
Amenities
- Plus Four: 5526
- Cooling: Yes
- Heating: Forced air unit
Ownership Info
1581 Premium Outlets Blvd has no associated ownership info
1581 Premium Outlets Blvd has no associated ownership info.
Taxes
1581 Premium Outlets Blvd has 10 associated Taxes items
1581 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 $15,991,900. The APN we've located for 1581 Premium Outlets Blvd is 80997632.
Unlock the full reportTax History
1581 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 $15,991,900 | Land Value $841,800 | Improvement Value $15,150,100 | Tax Amount $199,898.75 | Change Rate +0.592866% | Assessed CR | Tax Rate +0.0125% |
| Year 2025 | Assessed Value $4,414,000 | Land Value $841,800 | Improvement Value $3,572,200 | Tax Amount $125,496.28 | Change Rate +10.92647% | Assessed CR | Tax Rate +0.028431% |
| Year 2024 | Assessed Value $841,800 | Land Value $841,800 | Improvement Value | Tax Amount $10,522.5 | Change Rate -0.000002% | Assessed CR | Tax Rate +0.0125% |
| Year 2023 | Assessed Value $841,800 | Land Value $841,800 | Improvement Value | Tax Amount $10,522.52 | Change Rate | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $841,800 | Land Value $841,800 | Improvement Value | Tax Amount $10,522.52 | Change Rate | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $841,800 | Land Value $841,800 | Improvement Value | Tax Amount $10,522.52 | Change Rate | Assessed CR | Tax Rate +0.0125% |
| Year 2020 | Assessed Value $841,800 | Land Value $841,800 | Improvement Value | Tax Amount $10,522.52 | Change Rate | Assessed CR | Tax Rate +0.0125% |
| Year 2019 | Assessed Value $841,800 | Land Value $841,800 | Improvement Value | Tax Amount $10,522.52 | Change Rate | Assessed CR | Tax Rate +0.0125% |