Norfolk City property record for 862 W 40th St, Norfolk, VA 23508
| Property Type | Commercial |
|---|---|
| Details | 750 sqft · built 1982 |
| Lot Size | 0.115 acres (5,001 sqft) |
| Owner | Company Name on File |
| Last Sale | $150,000 (Jan 2024) |
| Tax Bill | $1,717 (2026) |
| Deeds & Mortgages | Jan 2024 Sale & Line of Credit |
| APN | 26219605 |
| Primary APN | 26219605 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 750 sqft Total Area |
| Year Built | Built 1982 |
|---|---|
| Effective Year Built | Effective 1982 |
| Fire Resistance | Fireproof Steel Frame |
| Lot Area | 5,001 sqft (0.115 acres) |
| Lawn Sprinklers | Lawn Sprinklers |
| Cooling System | HVAC |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 862 W 40TH ST |
|---|---|
| City | NORFOLK |
| State | VA |
| Zip | 23508-2514 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Local Zoning Code | I2 |
| Legal Description | 7 & 8 BLK 268 |
| Legal Subdivision | LAMBERS POINT INVESTMENT COMPANY |
| Legal Block | 268 |
| Jurisdiction | NORFOLK CITY VA |
| Township / Civil Division | NORFOLK |
| Census Block Group | 1 |
| Census Block | 1015 |
| Census Tract | 2600 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Park Place Historic District listed 2006 · 1,532 contributing resources · NRIS 06000029 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
862 W 40th St, a commercial property, is owned by a company that bought it in January 2024.
Source: Norfolk City records, as of October 13, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1039 MANCHESTER AVE, NORFOLK, VA 23508-1242 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jan 9, 2024 · Amount on File |
| Deed Sale | Jan 9, 2024 · Amount on File |
| Prior Sale | Oct 28, 2009 · Amount on File |
| Deed Document Number | 2024398 |
| Prior Transfer Date | Mar 30, 2010 |
| Prior Transfer Doc | 0000007245 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | NORFOLK CITY VA |
| Recording Date | Jan 9, 2024 |
| Property Address | 862 W 40TH ST, NORFOLK, VA 23508-2514 |
| Document Number | 0240000398 |
| Instrument Date | Jan 5, 2024 |
| Instrument | 240000398 |
| Transaction Type | Transfer |
| Record Updated | Sep 25, 2025 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 1039 MANCHESTER AVE, NORFOLK, VA 23508-1242 |
| Document Number | 0240000399 |
|---|---|
| Date | Jan 9, 2024 |
| Instrument | 240000399 |
| Name | SOUTHERN BANK AND TRUST COMPANY |
|---|
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|
The 2026 property tax bill for 862 W 40th St was $1,717, up 4.3% from the year before.
Source: Norfolk City assessment roll, as of October 13, 2026
| Type | Name |
|---|---|
| State | Virginia |
| Municipality | Norfolk City |
| Unified School District | Norfolk City Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $1,717.00 (+4.31%) | $137,400 (+2.61%) Land $75,000 Building $62,400 | $137,400 (+2.61%) Land $75,000 Building $62,400 |
| 2025 | $1,646.00 | $133,900 Land $75,000 Building $58,900 | $133,900 Land $75,000 Building $58,900 |
| 2023 | $1,637.00 | $131,000 Land $75,000 Building $56,000 | $131,000 Land $75,000 Building $56,000 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA has no flood map on file for 862 W 40th St; there have been 64 flood claims nearby since 1978.
Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Not on file |
|---|---|
| Flood Insurance Cost | Premium on File median of 21 policies |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 21 in force |
| Nearby Flood Claims | 64 (1978–2016) |
| Claims Outside the SFHA | 8 of 64 |
| Most Recent Claim | Oct 2016 · Hurricane Matthew |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 862 W 40th St has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF NORFOLK serves 234,220 people · EPA ID VA3710100 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Nov 2023 |
| Lead | Under 1 ppb (2021–2023) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 1 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 807 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Metronet Fiber | 5,120 / 5,120 |
| Cox Communications Cable · Fiber in parts of the area | 2,000 / 100 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: T-Mobile, Verizon.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures