Financial
Distress signals
Property profile

1820 Elm Ave Portsmouth, VA 23704

OFF-MARKET
Grocery and convenience stores
Property ID
US87-3641784
12,268 SF 0.69 ac lot Built 1947
Last sale Jun 2021 · $346,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$597k
Assessed land$112k
Assessed improvement$485k
Effective rate1.72%

Value estimate

· Sep 2026
$510k
$459k – $561k
AI approach$475k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$49 – $158
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NMU
Window signs located in the NMU, GMU, IN, and WF districts; and if consistent with applicable adopted design standards, window signs loca...
General categoryMIXED_USE
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm9.2
Carpet & Flooring Store8.9
Catering Service8.6

Location

1820 Elm Ave Portsmouth, VA 23704-4512
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
309 Columbia, Portsmouth, VA 23704-3714 $600,000 Apr 2024 12,704 SF
305 Columbia, Portsmouth, VA 23704-3714 $400,000 Feb 2024 6,900 SF
323 High, Portsmouth, VA 23704-3706 $285,000 Dec 2022 7,910 SF
1141 London, Portsmouth, VA 23704-2239 $1,300,000 Jun 2022 11,100 SF
1711 Effingham, Portsmouth, VA 23704-4723 $2,000,000 Apr 2022 9,100 SF
720 London, Portsmouth, VA 23704 $5,382,978 Oct 2019 5,934 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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