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    2101 Piedmont Ave Portsmouth, VA 23704

    Sponsored
    For Sale
    $150,000

    0.07-acre lot, ideal for redevelopment. $150,000.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 0.07-acre property, located at 2100 Piedmont Avenue in Portsmouth, Virginia, presents a unique investment opportunity. Priced at $150,000, this lot is being sold "as is," offering buyers the chance to acquire a piece of land with significant potential. The property's address is 2101 Piedmont Avenue, placing it within easy reach of various amenities and transportation routes common to Portsmouth. The exact square footage of the lot is not currently specified. Given its size and location, this lot is well-suited for a variety of development projects, making it an attractive prospect for both seasoned investors and those new to the real estate market. The "as is" condition allows for flexibility in planning and execution, enabling buyers to tailor the development to their specific vision and budget. Serious inquiries are encouraged to explore the possibilities this property offers. This is a rare chance to acquire a strategically located lot in a growing area of Portsmouth, Virginia, and capitalize on its redevelopment potential. The property's location offers convenient access to local businesses, residential areas, and major transportation arteries. This makes it an attractive location for a variety of potential developments. The sale price of $150,000 represents a compelling entry point into the Portsmouth real estate market.

    Property Features for 2101 Piedmont Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1946
    Property Profile Location Intelligence

    Current Use by Public Records

    Emmos Food Mart Convenience Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    PORTSMOUTH
    State
    Virginia
    Longitude
    -76.31928
    Latitude
    36.82265

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    FAQs

    What type of property is this?
    Commercial real estate - 0.07-acre lot, ideal for redevelopment. $150,000.
    Where is this commercial real estate located?
    The property is located at 2101 Piedmont Ave Portsmouth, VA.
    What is the asking price?
    The asking price for this property is $150,000.
    (757) 547-7444
    Request Owner's contact information
    2101 Piedmont Ave Portsmouth, VA 23704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2101 Piedmont Ave Portsmouth, VA 23704
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