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Property profile & analytics
OFF-MARKET Estimated value $515,000
Retail space

3108 Tyre Nck Rd Portsmouth, VA 23703-4532

3,348 SF 0.8 ac lot Built 1948
Trust Owned 9-yr Hold Free & Clear
Property ID
US87-1239821
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Construction BRICK
Total area 3,348 SF
Lot 0.8 ac (34,761 SF)
Zoning code GMU
APN 0815-0080
UPID US87-1239821
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
  • Full Potential Personal Training Gym & Fitness Center
  • Fostering Wellness Massage Therapy Alternative Medicine Practice Spa & Massage Center
  • Divinely Unified @ A Sacred Place Community Center
  • Uniquely Sacred Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$680k
Comparable Approach Comparable
$530k
Blend (final) Blend
$515k
Owner & transaction history
Mistry,zarine Trust · 9 yrs held
Mistry,zarine Trust
since 2017
1 recorded transaction
2017
Price N/A
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 $460,000 +14.9%
Medical building $410,000 +2.0%
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