Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$31,055,000
High-rise multifamily apartments
330 Brambleton Ave Norfolk, VA 23510-1325
Entity Owned
7-yr Hold
Free & Clear
Property ID
US87-3390841
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1965
Total area
337,760 SF
Lot
5.12 ac (223,114 SF)
Zoning code
D-4
APN
18045600
UPID
US87-3390841
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
-
union equity group Real Estate Agency
-
Hague Towers Apartment Homes Real Estate Agency
-
Dr. Raymond Iglecia-Fernandez Sr, MD Physician
-
Absolute Decking & Home Restoration LLC Construction Company General Contractor
-
Leary Lani MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$31.06M
Owner & transaction history
The Hague Mdm LLC · 7 yrs held
The Hague Mdm LLC
since 2018
1 recorded transaction
Zoning & alternative use
D-4 · Norfolk, 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 Norfolk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norfolk 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$48,655,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$40,720,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$29,775,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$28,800,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$28,355,000
Change: 0% · Conversion: Moderate
OFFICE BUILDING
$22,625,000
Change: 0% · Conversion: Moderate
MEDICAL BUILDING
$21,185,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$31.06M
Range $27.95M – $34.16M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$292,634
Tax year 2024
Assessed value
$23,410,700
Assessed 2024
Previous assessed
$22,835,100
+2.5% YoY
Effective rate
1.25%
On assessed value
Assessed land
$11,155,200
Assessed improvement
$12,255,500
Land market value
$11,155,200
Improvement market value
$12,255,500
Total market value
$23,410,700
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
YES
Stories
20
Units
265
Total area
337,760 SF
Lot
5.12 ac (223,114 SF)
Zoning code
D-4
APN
18045600
UPID
US87-3390841
Jurisdiction
NORFOLK CITY
Zoning & alternative use
D-4 · Norfolk, VA
Zoning D-4 · permitted uses
D-4 · Norfolk, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norfolk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$48.7M
AUTO REPAIR, GARAGE
Est. value
$40.7M
INDUSTRIAL (GENERAL)
Est. value
$29.8M
RETAIL STORES
Est. value
$28.8M
COMMERCIAL (GENERAL)
Est. value
$28.4M
OFFICE BUILDING
Est. value
$22.6M
MEDICAL BUILDING
Est. value
$21.2M
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
20
Units
265
Lot
5.12 ac
Current owner
From public records · entity-resolved
The Hague Mdm LLC
Entity
Free & Clear · 7 yrs held
Mailing address
155 E 55TH ST STE 5F, NEW YORK, NY 10022-4038
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2018
—
The Hague Mdm LLC
Mdm Assciates
Correction Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 330 Brambleton Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
