171 days on market
$1,449,800
5010 Princess Anne Rd E
Norfolk, Virginia 23502
MLS# 10611879 · FOX HALL RES PARK · Norfolk VA
Updated yesterday · Source: REIN MLS
Est. payment
$8,454/mo
Edit below
Price / sq ft
$83
17,500 sq ft
Days on market
171
HOA
None
Year built
1932
94 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
17,500
Garage
No
About this home
Rare Opportunity to own sought after mixed use building on very busy Princess Anne Rd. To be Sold As/Is . Great location, retail businesses on bottom include a Florist, Salons, Fully Equipped Restaurant. Residential tenants on top. Building includes 6 residential 7 Retail 2 Offices. Great opportunity, great Cash Flow, Turn Key, a well managed investment. 100% occupancy.
Listed by Gabriel Rapisardi · Gabriel Rapisardi Real Estate
VaHome Team property overview
A substantial 17,500-square-foot commercial and industrial property on nearly half an acre in Norfolk's Fox Hall Res Park neighborhood, built in 1932 and carrying decades of architectural character — situated steps from everyday conveniences and minutes from major military installations.
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Why this home stands out
What sets 5010 Princess Anne Rd E apart is sheer scale paired with history. At 17,500 square feet on a 0.45-acre lot, this 1932-built structure offers a footprint that's genuinely rare in this corridor of Norfolk. The bones reflect an era of craftsmanship that newer construction rarely replicates, and the lot gives you room that most urban commercial parcels simply can't match.
FOX HALL RES PARK and the Norfolk real estate market
Fox Hall Res Park sits in the eastern section of Norfolk, Virginia — a neighborhood that blends residential streets with practical commercial corridors in a way that keeps daily life grounded and accessible. The area has a long-established character: mature trees, a mix of property eras, and a community that's been here long enough to have real roots. Norfolk itself is one of the most strategically connected cities in Hampton Roads, anchored by its deep-water port, a thriving arts district downtown, and a dense network of military installations that make it a hub for the region. For anyone evaluating military housing Norfolk options, the city's eastern neighborhoods offer a compelling combination of proximity to bases, reasonable commute times, and genuine neighborhood identity. Fox Hall Res Park benefits from that broader Norfolk energy while maintaining its own quieter, grounded feel — close enough to everything, far enough from the noise.
What's nearby
Day-to-day errands are covered without much effort from this address. Tiendita Latinos Unidos is just 0.3 miles away for Latin grocery staples, and Piggly Wiggly is 0.4 miles out for a full grocery run. Target Grocery is reachable in under a mile. For food, Maymar is essentially at your doorstep, with Costa Del Mar 1 and Rally's both within 0.3 miles. The Blackdog Cafe is 0.8 miles away for a proper coffee stop. Active outdoor time is easy too — North Foxhall Playground and North FoxHall FitLot Outdoor Fitness Park are both 0.4 miles away, and 1STRING Sports Training is right alongside them for structured athletic work.
For different buyers
For military families relocating
USCG Base Portsmouth and Naval Medical Center Portsmouth are each about nine minutes from this address — a commute that keeps your mornings manageable. If you're weighing your BAH options and thinking about how a VA loan might apply to a property like this, the location alone puts you in a strong position. Proximity to two installations means flexibility if your assignment changes.
For buyers drawn to character
Properties built in 1932 don't come up often, and when they do, they rarely come at this scale. If you're drawn to structures with actual history — thick walls, proportions that feel intentional, a presence that newer buildings don't have — 5010 Princess Anne Rd E is worth a serious look. At 17,500 square feet, there's real room to shape this space around a vision.
Frequently asked questions
How far is 5010 Princess Anne Rd E from USCG Base Portsmouth?
USCG Base Portsmouth is approximately nine minutes from this address under typical traffic conditions, making it one of the closer commercial properties to that installation in the Norfolk area.
What is the lot size at 5010 Princess Anne Rd E?
The lot measures 0.45 acres, which is a notably generous footprint for a commercial property in this part of Norfolk.
How old is the building at 5010 Princess Anne Rd E?
The structure was built in 1932, making it over 90 years old — a property with genuine historical depth and architectural character that sets it apart from modern commercial builds.
Is 5010 Princess Anne Rd E in a flood zone?
Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data for the parcel.
Where is Fox Hall Res Park located within Norfolk?
Fox Hall Res Park is situated in the eastern section of Norfolk, Virginia, positioned along the Princess Anne Road corridor with convenient access to both commercial amenities and major military installations.
Curious about what 17,500 square feet in Norfolk's Fox Hall Res Park could mean for your plans? Tom and Dariya Milan at LPT Realty are ready to walk you through it.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
5010 Princess Anne RD E, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
17,500
Stories
2
Fireplaces
0
Flooring
Laminate/LVP, Tile
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$1,449,800
Price / Sq Ft
$83
Annual Taxes
$6,100
Monthly Tax
$508
HOA
None
Tax Rate (effective)
0.42%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Nov 29, 2025 | $1,449,800 | — |
| Currently listed | — | $1,449,800 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$611,100
Land
$86,100
Improvement
$525,000
Parcel ID: 1448840297 · View on city GIS portal
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
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
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
$8,454/moPrincipal & interest
$7,523
Property tax
$508
Home insurance
$423
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 Gabriel Rapisardi Real Estate · MLS# 10611879
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,449,800
5010 Princess Anne RD E, NORFOLK VA 23502
Norfolk, Virginia 23502
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