Property profile

4020 Victory Blvd Portsmouth, VA 23701

OFF-MARKET
Other shopping centers
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Property ID
US87-0306927
73,004 SF 7.43 ac Built 2002
Last sale Jan 2002·$61,790
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A retail space totaling approximately 3,500 square feet is located in Portsmouth’s retail district along Victory Boulevard, on a corner with Interstate 264. The site is described as having strong street visibility and access, with ingress and egress suitable for retail use and convenient interstate connectivity. Nearby daytime traffic generators include Tidewater Community College and Norfolk Naval Shipyards, and the surrounding shopping center area includes tenants such as GameStop and an ABC…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$143k
Tax billed · 2023
Assessed value$9.14M
Assessed land$3.00M
Assessed improvement$6.14M
Effective rate1.56%

Value estimate

· Nov 2026
$2.24M
$2.01M – $2.46M

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?
GMU
Window signs located in the NMU, GMU, IN, and WF districts; and if consistent with applicable adopted design standards, window signs loca...
General categoryMIXED_USE
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 agency39.5
Law Firm26.8
Dental Office21.9

Location

4020 Victory Blvd Portsmouth, VA 23701-2813
County assessor Recorded deeds · 6 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Mohican, Portsmouth, VA 23701-2443 $250,000 Sep 2024 1,738 SF
5559 Portsmouth, Portsmouth, VA 23701-1832 $5,200,000 Aug 2023 15,587 SF
5515 Portsmouth, Portsmouth, VA 23701-1832 $5,200,000 Aug 2023 12,662 SF
5660 Portsmouth, Portsmouth, VA 23701-1827 $6,542,000 Aug 2022 8,872 SF
5606 Portsmouth, Portsmouth, VA 23701-1835 $6,542,000 Aug 2022 4,835 SF
5905 Portsmouth, Portsmouth, VA 23701-1445 $850,000 Aug 2020 15,652 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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