Taxes
- Assessed Value: $1,655,500
- Assessed Year: 2026
- Assessed County: Norfolk City
- APN: 47231200
- Assessed Land Value: 510700
- Market Land Value: 510700
- Tax Amount: 20362.64
- Tax Year: 2025
- Market Value: 1723300
- Market Year: 2026
5588 Raby Rd; Norfolk, VA Property Details
Off market
5588 Raby Rd Norfolk, VA 23502
$1,655,500 Estimated Value
6,860 SqFt
Property Type
Commercial BuildingProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1965
- Purchase Price: $1,600,000
- APN: 47231200
- Situs County: Norfolk City
- Length Of Ownership: 5 years
Structure
- Stories: 1
- Building Condition: Average
- Building Quality: C
Measurements
- Total: 6,860/SqFt
- Lot: 63,859/SqFt
- Gross: 6,860/SqFt
- Building: 6,860/SqFt
- Price Per Square Foot: $233.24
Legal Description
- Description: B,C & D SHAFER 111 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: 36.8595 / -76.21464
- Property Class: Commercial
- Zoning: I2
- County Use Code: 480
Amenities
- Plus Four: 2431
- Cooling: Yes
- Heating: Space/Suspended
Ownership Info
5588 Raby Rd has no associated ownership info
5588 Raby Rd has no associated ownership info.
Taxes
5588 Raby Rd has 10 associated Taxes items
5588 Raby Rd, 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 $1,655,500. The APN we've located for 5588 Raby Rd is 47231200.
Unlock the full reportTax History
5588 Raby Rd has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $1,723,300 | Land Value $510,700 | Improvement Value $1,212,600 | Tax Amount $21,541.25 | Change Rate +0.057881% | Assessed CR | Tax Rate +0.0125% |
| Year 2025 | Assessed Value $1,655,500 | Land Value $510,700 | Improvement Value $1,144,800 | Tax Amount $20,362.64 | Change Rate +0.008051% | Assessed CR | Tax Rate +0.0123% |
| Year 2024 | Assessed Value $1,616,000 | Land Value $510,700 | Improvement Value $1,105,300 | Tax Amount $20,200 | Change Rate +0.02577% | Assessed CR | Tax Rate +0.0125% |
| Year 2023 | Assessed Value $1,575,400 | Land Value $510,700 | Improvement Value $1,064,700 | Tax Amount $19,692.52 | Change Rate +0.026388% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $1,534,900 | Land Value $510,700 | Improvement Value $1,024,200 | Tax Amount $19,186.24 | Change Rate +0.182421% | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $1,298,100 | Land Value $510,700 | Improvement Value $787,400 | Tax Amount $16,226.24 | Change Rate -0.006658% | Assessed CR | Tax Rate +0.0125% |
| Year 2020 | Assessed Value $1,306,800 | Land Value $510,700 | Improvement Value $796,100 | Tax Amount $16,335 | Change Rate +0.11698% | Assessed CR | Tax Rate +0.0125% |
| Year 2019 | Assessed Value $1,281,600 | Land Value $510,700 | Improvement Value $770,900 | Tax Amount $14,624.26 | Change Rate -0.036214% | Assessed CR | Tax Rate +0.011411% |
| Year 2018 | Assessed Value $1,213,900 | Land Value $510,700 | Improvement Value $703,200 | Tax Amount $15,173.76 | Change Rate +0.09973% | Assessed CR | Tax Rate +0.0125% |
| Year 2017 | Assessed Value $1,199,800 | Land Value $510,700 | Improvement Value $689,100 | Tax Amount $13,797.72 | Change Rate +0.010701% | Assessed CR | Tax Rate +0.0115% |
| Year 2016 | Assessed Value $1,090,900 | Land Value $415,000 | Improvement Value $675,900 | Tax Amount $13,651.64 | Change Rate | Assessed CR | Tax Rate +0.012514% |
| Year 2015 | Assessed Value $1,090,900 | Land Value $415,000 | Improvement Value $675,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $1,090,900 | Land Value $415,000 | Improvement Value $675,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $12,595.96 | Change Rate | Assessed CR | Tax Rate |