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Property profile & analytics
OFF-MARKET
Estimated value
$265,000
Office buildings
105 Utah St Portsmouth, VA 23701-2908
Individually Owned
Absentee Owner
Free & Clear
Property ID
US87-0947279
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Construction
BRICK
Total area
2,813 SF
Lot
0.52 ac (22,564 SF)
Zoning code
UR
APN
0338-0290
UPID
US87-0947279
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Virginia Cooperative Extension Office - Portsmouth City Government Office
-
Portsmouth Master Gardeners Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
CITY PORTSMOUTH
CITY PORTSMOUTH
Zoning & alternative use
UR · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Urban Residential UR district is established to accommodate a range of residential development as a principal use, along with mixed use, neighborhood serving commercial development, and institutional uses to encourage diverse development.
Zone name
Urban Residential
General category
MIXED_USE
Zone area
4,377.08 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Portsmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portsmouth submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$265k
Range $239k – $292k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$94 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$274
Tax year 2023
Assessed value
$265,690
Assessed 2023
Previous assessed
$265,690
+0.0% YoY
Effective rate
0.10%
On assessed value
Assessed land
$71,330
Assessed improvement
$194,360
Land market value
$71,330
Improvement market value
$194,360
Total market value
$265,690
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1940
Construction
BRICK
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,813 SF
Lot
0.52 ac (22,564 SF)
Zoning code
UR
APN
0338-0290
UPID
US87-0947279
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
UR · Portsmouth, VAZoning UR · permitted uses
UR · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Urban Residential UR district is established to accommodate a range of residential development as a principal use, along with mixed use, neighborhood serving commercial development, and institutional uses to encourage diverse development.
Zone name
Urban Residential
General category
MIXED_USE
Zone area
4,377.08 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
CITY PORTSMOUTH
Individual
Free & Clear · 0 yrs held
Mailing address
801 CRAWFORD ST, PORTSMOUTH, VA 23704-3822
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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