Property profile

2012 Victory Blvd Portsmouth, VA 23702

FOR LEASE
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Property ID
US87-3930630
88,730 SF 16.65 ac Built 1985
Last sale Jun 2006·$1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$158k
Tax billed · 2023
Assessed value$7.86M
Assessed land$4.14M
Assessed improvement$3.72M
Effective rate2.01%

Value estimate

· Nov 2026
$2.36M
$2.12M – $2.60M
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI$16k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GMU
Window signs located in the NMU, GMU, IN, and WF districts; and if consistent with applicable adopted design standards, window signs loca...
General categoryMIXED_USE
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.2
Law Firm21.0
Dental Office18.1

Location

2012 Victory Blvd Portsmouth, VA 23702
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
76 Afton, Portsmouth, VA 23702-2848 $45,000 Jul 2024 1,666 SF
2605 Elliott, Portsmouth, VA 23702-1219 $450,000 Mar 2023 3,613 SF
72 Afton, Portsmouth, VA 23702-2848 $85,000 Jul 2022 2,130 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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Includes: Price & PSF · Cap rate · Location · Zoning

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