Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

709 Mt Vernon Ave Portsmouth, VA 23707

OFF-MARKET
Investment properties
Property ID
US87-3926900
1,920 SF 0.13 ac lot Built 1948
Last sale Jun 2024 · $140,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 1,920-square-foot office building at 709 Mt. Vernon Avenue in Portsmouth, Virginia, presents a unique opportunity for businesses seeking a versatile and well-maintained workspace. Built in 1948, this two-story traditional/creative office building sits on approximately 0.13 acres and offers a functional floor plan ideal for a single tenant. The property features restrooms conveniently located on each level, enhancing convenience and efficiency. Recent remodeling ensures the…

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.

Debts

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?
$2k
Tax billed · 2023
Assessed value$150k
Assessed land$44k
Assessed improvement$107k
Effective rate1.60%

Value estimate

· Oct 2026
$140k
$126k – $154k
AI approach$140k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$48 – $84
Qualifying comparables6

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?
IL
The Light Industrial IL district is established and intended to accommodate light manufacturing, assembly, fabrication, processing, distr...
General categoryINDUSTRIAL
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.9
Law Firm19.6
Hair Salon16.5

Location

709 Mt Vernon Ave Portsmouth, VA 23707-2020
County assessor Recorded deeds · 5 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
661 Mt Vernon, Portsmouth, VA 23707-2018 $240,000 Nov 2025 3,076 SF
3405 Clifford, Portsmouth, VA 23707-4017 $132,000 Jan 2025 1,854 SF
3609 Tpke, Portsmouth, VA 23707-4594 $200,000 Nov 2021 2,880 SF
3622 King, Portsmouth, VA 23707-3128 $53,500 Jun 2020 3,265 SF
3714 Brighton, Portsmouth, VA 23707-3902 $150,840 Dec 2019 1,864 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 709 Mt Vernon Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again