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Property profile & analytics
OFF-MARKET Estimated value $935,000
Drug stores

1141 London Blvd Portsmouth, VA 23704-2239

11,100 SF 1.42 ac lot Built 1997
Entity Owned 4-yr Hold Free & Clear
Property ID
US87-1273348
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1997
Construction LIGHT FRAME
Total area 11,100 SF
Lot 1.42 ac (61,855 SF)
Zoning code GMU
APN 0032-0970
UPID US87-1273348
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
  • Rite Aid Photo (Bike/Boat/Book/etc) Store
  • Dollar Tree Discount Store
  • CDReload - Online Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$905k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$935k
Owner & transaction history
Agree Limited Partnership · 4 yrs held
Agree Limited Partnership
since 2022
Last sale
$1.3M
2 recorded transactions
2022
$1.3M
2022
$648,696
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
Medical building $1.4M +2.0%
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