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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Grocery and convenience stores
3920 Victory Blvd Portsmouth, VA 23701-2800
Entity Owned
12-yr Hold
Free & Clear
Property ID
US87-1059339
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Total area
4,005 SF
Lot
1.52 ac (66,342 SF)
Zoning code
GMU
APN
0526-0027
UPID
US87-1059339
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
-
Victory Exxon Car Wash
-
ATM Atm Gas Station
-
Exxon Gas Station
-
GetCoins Bitcoin ATM Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$532k
Blend (final)
Blend
$565k
Owner & transaction history
D And A Real Estate LLC · 12 yrs held
D And A Real Estate LLC
since 2013
4 recorded transactions
Zoning & alternative use
GMU · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$480,000
+264.5%
Office building
$465,000
+253.6%
Auto repair, garage
$400,000
+206.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$480,000
Change: +265% · Conversion: Difficult
OFFICE BUILDING
$465,000
Change: +254% · Conversion: Moderate
AUTO REPAIR, GARAGE
$400,000
Change: +206% · Conversion: Difficult
RETAIL STORES
$395,000
Change: +199% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$141 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$26,536
Tax year 2023
Assessed value
$1,745,350
Assessed 2023
Previous assessed
$1,745,350
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,096,670
Assessed improvement
$648,680
Land market value
$1,096,670
Improvement market value
$648,680
Total market value
$1,745,350
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
2
Total area
4,005 SF
Lot
1.52 ac (66,342 SF)
Zoning code
GMU
APN
0526-0027
UPID
US87-1059339
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$480,000
OFFICE BUILDING
Est. value
$465,000
AUTO REPAIR, GARAGE
Est. value
$400,000
RETAIL STORES
Est. value
$395,000
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.52 ac
Current owner
From public records · entity-resolved
D And A Real Estate LLC
Entity
Free & Clear · 12 yrs held
Mailing address
7 TROY CIR, HAMPTON, VA 23666-2986
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2019
—
D & A Real Estate LLC
—
Deed
related
$637,000 · Southern Bk
Dec 13, 2013
$880,000
D And A Real Estate LLC
Doswell Ventures LLC
Special Warranty Deed
—
Nov 6, 2009
$1,600,000
Doswell Ventures LLC
Exxon Mobil Corp
Grant Deed
related
$22,418,000 · Branch Banking & Trust Co
—
—
D & A Real Estate LLC
—
Deed Of Trust
related
$637,000 · Southern 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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