Financial
Distress signals
Property profile

3408 George Washington Hwy Portsmouth, VA 23704

OFF-MARKET
Automotive properties
Property ID
US87-0601820
5,020 SF 0.44 ac lot Built 1937
Last sale Feb 2015 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$161k
Assessed land$92k
Assessed improvement$69k
Effective rate1.55%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IN
Opens in a new window Search... Use up/down arrow keys to navigate suggestions, Enter to select, Esc to close. Zoning Ordinance Zoning Pe...
General categoryINDUSTRIAL
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 agency42.8
Building Supply33.5
Law Firm30.8

Location

3408 George Washington Hwy Portsmouth, VA 23704-6832
County assessor Recorded deeds · 4 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1112 King, Portsmouth, VA 23704-3300 $220,000 Feb 2025 3,740 SF
2100 Portsmouth, Portsmouth, VA 23704-6248 $820,000 Apr 2024 5,250 SF
706 7th, Portsmouth, VA 23704-5806 $520,000 Mar 2023 8,188 SF
915 Queen, Portsmouth, VA 23704-3327 $165,000 Jul 2022 5,000 SF
914 High, Portsmouth, VA 23704-3336 $37,635 Dec 2021 5,050 SF
2012 High, Portsmouth, VA 23704-3012 $250,000 Sep 2019 7,323 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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