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    3335 Victory Blvd Portsmouth, VA 23702

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    For Sale
    $600,000

    Commercial land in Portsmouth, near casino, college, and residential area.

    Lot size:
    0.82 Acres

    Property Features for 3335 Victory Blvd

    General Information

    Lot size
    0.82 Acres

    Source: Global Real Estate Investment, Inc. Agent Michael P Zarpas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Rivers Casino

    This commercial land is located in close proximity to Rivers Casino Portsmouth, approximately two blocks away. The property is situated across from the TCC Portsmouth Campus and the Bide-a-Wee Golf Course. Additionally, it is located across from the New Port residential neighborhood. The site is next to a strong performing Riptide Car Wash.
    Insight Report Location Intelligence

    Current Use by Public Records

    The RipTide Car Wash Car Wash

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.351961
    Latitude
    36.7995434

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    FAQs

    What type of property is this?
    Land - Commercial land in Portsmouth, near casino, college, and residential area.
    Where is this land located?
    The property is located at 3335 Victory Blvd Portsmouth, VA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Located next to strong performing Riptide Car Wash; - Close proximity to Rivers Casino Portsmouth (2 blocks); - Located across from TCC Portsmouth Campus
    (757) 286-1783
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    3335 Victory Blvd Portsmouth, VA 23702
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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
    3335 Victory Blvd Portsmouth, VA 23702
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