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Property profile & analytics

3800 King St Portsmouth, VA 23707-2526

  • Investment properties
  • 4,443 SF
  • 0.56 lot acres
OFF-MARKET
Last Sale
Oct 10, 2024
$391,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-0096702
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • C.H. Smith Appliances / Home Appliance Store / Hardware & Home Improvement
  • Helping Handz LLC / Home Health Care Service

Property Details for 3800 King St

Year built
1969
Lot size
0.56 lot acres
Property size
4,443 SF
Zone code
GMU
Property type
Investment properties
Property subtype
Retail residential properties
APN
0304-0091
APU
3040091

Description

This exceptional Portsmouth, VA storefront presents a unique investment opportunity. Located at 3800 King St, this 4,443 square foot single-story building, built in 1969, sits on a sizable 0.555-acre triangular lot (24,176 SF). The property boasts 249 feet of King Street frontage, with additional side lengths of 193 and 315 feet. The building features three exterior doors: two double doors for customer access and a large receiving door with a convenient loading dock. The interior layout includes a spacious open sales area, ideal for retail operations, and a separate office space currently leased month-to-month for $695 per month. The asking price is $450,000, translating to $101.28 per square foot. The property is zoned URH and is offered in a simple ownership structure. A survey is available upon request. Note that the existing business is sold separately. This property offers significant potential for a variety of retail uses. The substantial lot size provides ample room for expansion or future development. This is a rare opportunity to acquire a well-located, established retail space in a thriving Portsmouth community.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Portsmouth
County
Portsmouth City
State
Virginia
Longitude
-76.3493
Latitude
36.8337
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,745
$140,280
$157,230
$297,510
-
$140,280
$157,230
$297,510
More about this property
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