Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

823 High St Portsmouth, VA 23704

OFF-MARKET
Other retail properties
Property ID
US87-0422274
4,800 SF 0.18 ac lot Built 1946
Last sale Dec 2025 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial land parcel comprising a 21,000-square-foot fenced lot. It is located on High Street and is positioned to support redevelopment. The site is suitable for uses such as multi-family housing, multiple retail stores, a restaurant, or flex space, and it can accommodate either a building footprint or a parking lot. The property benefits from nearby bus line access, and it adjoins an adjacent parcel that could be combined for a larger corner-lot-to-block style development configuration.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$202k
Assessed land$83k
Assessed improvement$119k
Effective rate1.47%

Value estimate

· Nov 2026
$1.18M
$1.06M – $1.29M
CAP approach$975k

Realmo valuation models over county records and 8 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 comparables8

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?
T5
The T5 sub-district contains a higher density mix of uses with primarily retail space permitted on the ground floor.
General categoryCOMMERCIAL
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.9
Accounting Firm10.2
Storage Facility10.2

Location

823 High St Portsmouth, VA 23704
County assessor Recorded deeds · 5 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

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
315 Grn, Portsmouth, VA 23704-2410 $400,000 Apr 2024 2,776 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
817 High, Portsmouth, VA 23704 $800,000 Jun 2021 7,067 SF
1117 High, Portsmouth, VA 23704-3339 $1,743,543 Sep 2020 5,100 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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