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Property profile & analytics
OFF-MARKET Estimated value $18,840,000
Investment properties

1098 Frederick Blvd Portsmouth, VA 23707-4119

201,989 SF 20.08 ac lot Built 2006
Entity Owned 9-yr Hold Free & Clear
Property ID
US87-0790272
Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2006
Total area 201,989 SF
Lot 20.08 ac (874,641 SF)
Zoning code GMU
APN 0312-0080
UPID US87-0790272
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
  • Walmart Photo Center (Bike/Boat/Book/etc) Store
  • Walmart Garden Center Garden Center
  • Walmart Business Center Electronics & Wireless Store
  • Minute Key Locksmith (Bike/Boat/Book/etc) Store
  • FedEx Office Print & Ship Center Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.89M
Blend (final) Blend
$18.84M
Owner & transaction history
Cft Nv Devlopments LLC · 9 yrs held
Cft Nv Devlopments LLC
since 2017
4 recorded transactions
2017
$878,169
2014
$1.6M
2004
Price N/A
2004
$1.6M
Zoning & alternative use
GMU · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Window signs located in the NMU, GMU, IN, and WF districts; and if consistent with applicable adopted design standards, window signs located in the MU-H district Signs oriented toward the interior of and intended to be viewed from within an outdoor recreation or entertainment establishment or facility Outdoor Advertising Signs (Billboards) These signs requir…

Zone name General Mixed Use
General category MIXED_USE
Zone area 717.41 ac
Top alternative use upside
Office building $27.8M +130.7%
Medical building $24.7M +104.8%
Retail stores $24.2M +100.8%
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