Financial
Distress signals
Property profile

177 Herman Melville Ave Newport News, VA 23606

OFF-MARKET
Commercial real estate
Property ID
US87-3855241
3,380 SF 0.08 ac lot Built 2003
Last sale Nov 2024 · $530,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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?
$6k
Tax billed · 2023
Assessed value$474k
Assessed land$94k
Assessed improvement$380k
Effective rate1.22%

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$530k
CAP approach$540k
Submarket $/SF estimate$509k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$95 – $201
Qualifying comparables16

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?
R9
Eustis JLUS Study Area Fort Eustis City of Newport News Boundary County Boundary York County Zoning EO GB IG IL LB NB PD R7 R13 R20 R33 R...
General categoryMIXED_USE
JurisdictionNEWPORT NEWS CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.7
Parking Facility9.6
Daycare Center9.4

Location

177 Herman Melville Ave Newport News, VA 23606-1378
County assessor Recorded deeds · 2 transfers 16 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
12300 Warwick, Newport News, VA 23606-3801 $415,000 Dec 2024 4,080 SF
1085 Loftis, Newport News, VA 23606-2981 $325,795 Apr 2024 2,023 SF
12630 Warwick, Newport News, VA 23606-2521 $1,960,000 Oct 2023 2,643 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
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