Land Market Insights and Pricing in Norfolk City County, Virginia

Norfolk City, Virginia, offers a unique coastal landscape bordered by the Chesapeake Bay and Atlantic Ocean. This urban center boasts miles of riverfront and bayfront areas, including three public beaches on its north shore. The terrain is predominantly flat, with low-lying coastal zones and a mix of urban development and green spaces. Norfolk Botanical Garden, a 155-acre oasis, and the 65-acre Virginia Zoo showcase the city's commitment to nature preservation. With a property tax rate of 1.01%, slightly above the national average, Norfolk presents a balance of urban amenities and natural beauty. The city's economy is anchored by educational services and healthcare, comprising 23.9% of employment. Despite an unemployment rate of 6.1%, above the national average, Norfolk's strategic location in the Hampton Roads metro area and its extensive parks system make it an intriguing destination for land buyers seeking a blend of coastal living and urban convenience.