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Property profile & analytics
FOR SALE
Office Spaces
301 Goode Way Portsmouth, VA 23704
Individually Owned
1-yr Hold
Free & Clear
Property ID
US87-0054986
For Sale
1 / 2
$90,000
301 Goode Way, Portsmouth, VA 23704
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1991
Total area
1,491 SF
Lot
0.11 ac (4,617 SF)
Zoning code
GMU
APN
0032-1750
UPID
US87-0054986
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steven R Jackson · 1 yrs held
Steven R Jackson
since 2025
7 recorded transactions
Zoning & alternative use
GMU · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,899
Tax year 2023
Assessed value
$151,930
Assessed 2023
Previous assessed
$151,930
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$33,420
Assessed improvement
$118,510
Land market value
$33,420
Improvement market value
$118,510
Total market value
$151,930
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Sale
Year built
1991
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,491 SF
Lot
0.11 ac (4,617 SF)
Zoning code
GMU
APN
0032-1750
UPID
US87-0054986
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
GMU · Portsmouth, VA
Zoning GMU · permitted uses
GMU · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portsmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Steven R Jackson
Individual
Free & Clear · 1 yrs held
Mailing address
301 GOODE WAYE, PORTSMOUTH, VA 23704-2266
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2025
—
Steven R Jackson
Steven R Jackson
Deed
related
—
Apr 19, 2024
—
Alliance Investment And Consulting
—
Deed
related
$126,000 · Townebank
Sep 28, 2023
—
Steven R Jackson
—
Deed
related
$40,000 · Acacia Federal Savings Bank
Sep 30, 2022
$52,023
Alliance Investments & Consulting L
Luv & Grace Photography LLC
Deed
related
—
Oct 1, 2018
$22,000
Luv & Gracephotography LLC
Aj Potter Investments LLC
Grant Deed
$14,300 · Aj Potter Investments LLC
Jul 17, 2018
$44,000
Steven R Jackson
Aj Potter Investments LLC
Grant Deed
$35,000 · Union Bk&tr
May 15, 2018
—
Glascow Health Services LLC
A J Potter Investments LLC
Grant Deed
related
—
—
—
A J Potter Investments LLC
—
Deed Of Trust
related
$300,000 · Monarch Bank
—
—
Aj Potter Investments LLC
—
Loan Modification
related
$422,092 · Monarch Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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