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Property profile & analytics
OFF-MARKET
Assisted living facilities
3215 Academy Ave Portsmouth, VA 23703-3202
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US87-0984631
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1972
Construction
BRICK
Total area
5,873 SF
Lot
0.54 ac (23,305 SF)
Zoning code
GMU
APN
0818-0040
UPID
US87-0984631
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
-
AA&G Group Home and Day Support Crisis Center Medical Clinic
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
Angelene Properties LLC · 8 yrs held
Angelene Properties LLC
since 2018
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
$8,503
Tax year 2023
Assessed value
$680,210
Assessed 2023
Previous assessed
$680,210
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$228,830
Assessed improvement
$451,380
Land market value
$228,830
Improvement market value
$451,380
Total market value
$680,210
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1972
Construction
BRICK
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
5
Total area
5,873 SF
Lot
0.54 ac (23,305 SF)
Zoning code
GMU
APN
0818-0040
UPID
US87-0984631
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
1972
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.54 ac
Current owner
From public records · entity-resolved
Angelene Properties LLC
Entity
Mailing address
3215 ACADEMY AVE, PORTSMOUTH, VA 23703-3202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2022
—
Angeiene Properties LLC
—
Deed
related
$76,000 · Townebank
Dec 3, 2019
—
Angelene Properties LLC
—
Deed
related
$468,383 · Towne Bk
Feb 20, 2019
—
Aa&g Group Home LLC
—
Deed
related
$80,317 · Townebank
Jul 3, 2018
$100,000
Angelene Properties LLC
Economic Dev Authority Of The
Grant Deed
$377,000 · Towne Bk
Jul 3, 2018
—
Economic Dev Authority Of
City Of Portsmouth Of Va
Grant Deed
—
—
—
Angelena Properties LLC
—
Deed Of Trust
related
$80,317 · Towne Bk
—
—
Angelene Properties LLC
—
Loan Modification
related
$468,383 · Towne 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.
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