Financial
Distress signals
Property profile

4000 George Washington Hwy Portsmouth, VA 23702

OFF-MARKET
Grocery and convenience stores
Property ID
US87-1333975
2,502 SF 0.52 ac lot Built 1976
Last sale Nov 2022 · $407,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial property located in Portsmouth, Virginia, with a total building area of 2,502 square feet on a 0.52-acre lot. The site is positioned at a signalized intersection along a major roadway, providing direct access and visibility from passing traffic. The property is zoned GMU and is configured for a leased commercial use under a triple-net structure, with long-term corporate tenancy in place. Under the lease arrangement, the tenant is responsible for property taxes, insurance, and maintenance.

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?
$6k
Tax billed · 2023
Assessed value$431k
Assessed land$311k
Assessed improvement$120k
Effective rate1.29%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$370k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
GMU
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.3
Realty agency16.6
Dental Office14.3

Location

4000 George Washington Hwy Portsmouth, VA 23702-1703
County assessor Recorded deeds · 2 transfers 8 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3216 Victory, Portsmouth, VA 23702-1832 $113,000 Mar 2025 2,915 SF
1935 Victory, Portsmouth, VA 23702-3139 $3,600,000 Mar 2024 8,450 SF
2910 Victory, Portsmouth, VA 23702-1826 $190,000 Aug 2021 1,568 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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