1000 Airline Blvd Portsmouth, VA 23707-4006
Property profile & analytics
1000 Airline Blvd, Portsmouth, VA 23707-4006
- Banks
- 3,911 SF
- 0.53 lot acres
Property ID
US87-3837050
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Atlantic Financial Services / Financial Advisor
Property Details for 1000 Airline Blvd
- Year built
- 1981
- Construction
- BRICK
- Lot size
- 0.53 lot acres
- Zone code
- GMU
- Property type
- Banks
- APN
- 0303-0781
- APU
- 3030781
Description
This exceptional 3,911 square foot retail property, located at 1000 Airline Blvd in Portsmouth, Virginia (zip code 23707), presents a unique owner-user investment opportunity. The vacant building, constructed in 1981, features two stories and sits on a 0.533-acre lot with ample parking for 36 vehicles. Its previous uses include a bank, daycare, and fast-food restaurant, highlighting its versatile nature. The property boasts a prime location at a signalized intersection of Airline Blvd and Bart Street, offering excellent visibility and accessibility. With 5 points of ingress/egress, the site ensures convenient traffic flow. The high traffic counts of 15,000 vehicles per day (VPD) on Airline Blvd and 26,000 VPD on Frederick Blvd provide significant exposure. The flexible GMU zoning allows for a wide range of commercial uses, including professional offices and institutions, and a broad range of light and moderate intensity commercial activities. The asking price is $540,000, translating to $138.07 per square foot. A large pylon sign and a drive-thru further enhance the property's appeal. Its proximity to other retail amenities and easy interstate access makes this a highly desirable location for a variety of businesses.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Portsmouth City
- State
- Virginia
- Longitude
- -76.3441
- Latitude
- 36.8303
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,556
$288,910
$185,590
$474,500
-
$288,910
$185,590
$474,500
