




0 days on market
$985,000
1025 Newtown Rd
Norfolk, Virginia 23502
MLS# 10637159 · HOLLYWOOD · Norfolk VA
Updated 11 hours ago · Source: REIN MLS
Est. payment
$6,219/mo
Edit below
Price / sq ft
$261
3,775 sq ft
Days on market
0
New listing
HOA
None
Year built
1964
62 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
3,775
Garage
No
About this home
Strategically positioned minutes from Interstate 264/64 interchange. Former Bank branch with a drive-thru and leased to an established day care through May 2029. The site is ideally located just off Virginia Beach Boulevard at Newtown Road next to CVS. The property comprises 3,775 square foot building with a drive-thru. and situated on 0.81 acres.
Listed by Petro Kotarides · Corinth Realty LLC
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
3,775
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$985,000
Price / Sq Ft
$261
Annual Taxes
$9,850
Monthly Tax
$821
HOA
None
Tax Rate (effective)
1.00%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 29, 2026 | $985,000 | — |
| Currently listed | — | $985,000 | — |
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Norfolk
Homes for sale in Norfolk, VA range from historic district townhouses in Ghent (23507) and waterfront condos along the Elizabeth River to ranch-style family homes in Larchmont, Lochaven, and Lafayette-Winona. As the cultural and economic heart of Hampton Roads, Norfolk offers something for nearly every buyer: $200K starter homes in Ocean View (23503, 23518), $400K-$600K Craftsman bungalows in Ghent and West Ghent (23517), executive homes near Old Dominion University (23508), and luxury riverfront properties in Larchmont and Algonquin Park. Norfolk's biggest employer is Naval Station Norfolk — the largest naval base in the world — and the city is also home to Norfolk Naval Shipyard, Eastern Virginia Medical School, Old Dominion University, and Norfolk State University. The active-duty military and academic communities drive steady year-round demand. Public schools include Maury High School in Ghent and Granby High School in Ocean View, and historically strong specialty programs at the Governor's School for the Arts. Buyers searching the 23510 (downtown) and 23508 (West Ghent / ODU corridor) ZIP codes will find the strongest mix of urban walkability and historic architecture; 23503 and 23518 (Ocean View) offer the most affordable waterfront entry points in Hampton Roads. The Norfolk MLS inventory below updates hourly from the REIN feed.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$6,219/moPrincipal & interest
$5,111
Property tax
$821
Home insurance
$287
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by Corinth Realty LLC · MLS# 10637159
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$985,000
1025 Newtown RD, NORFOLK VA 23502
Norfolk, Virginia 23502
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