Listing provided courtesy of Real Estate Solutions TeamMLS# 250733MLS Provider
  • 272 days on site
  • 3 views

This 3.29-acre R-3 zoned property offers an excellent opportunity for multi-family residential development in a growing corridor of Norfolk. Positioned near Walmart, retail shopping, and restaurants, the site combines high visibility with the convenience today's renters and homeowners are seeking. Norfolk continues to see strong demand for quality housing options, particularly in multi-family and townhome-style residences. With city utilities available and the site already shovel ready, this parcel provides the flexibility to design and build to meet that demand, with zoning in place to support multi-family dwellings. Developers will appreciate the location along a high-traffic corridor, offering both accessibility and strong exposure for future residents. With its size and zoning, this site is well-suited for apartments, duplexes, or townhome communities, with the added benefit of nearby employers and amenities that make it a desirable place to live. Now is the time to take advantage of Norfolk's steady growth and investment in housing and infrastructure. This property provides the right mix of location, zoning, and readiness to deliver a successful residential project.

Source: Norfolk MLS, MLS#: 250733

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  • Property Type
    Land
  • Lot
    3.29 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2500 W Pasewalk Ave


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
9/30/2025Source: Norfolk MLS Added to Database
September 30, 2025