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Property profile & analytics
OFF-MARKET Estimated value $1,085,000
Retail space

4028 Victory Blvd Portsmouth, VA 23701-2847

6,517 SF 0.81 ac lot Built 2003
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US87-3923214
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 6,517 SF
Lot 0.81 ac (35,284 SF)
Zoning code GMU
APN 0526-0026
UPID US87-3923214
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
  • Krispy Kreme Bakery Discount Store
  • Firehouse Subs Victory Blvd Take-out & Catering Catering Service
  • Pop Smoke & Vapor (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Stitch It Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.33M
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.09M
Owner & transaction history
V B Hospitality II LLC · 15 yrs held
V B Hospitality II LLC
since 2011
6 recorded transactions
2025
Price N/A
2019
Price N/A
2011
$1.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GMU · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Window signs located in the NMU, GMU, IN, and WF districts; and if consistent with applicable adopted design standards, window signs located in the MU-H district Signs oriented toward the interior of and intended to be viewed from within an outdoor recreation or entertainment establishment or facility Outdoor Advertising Signs (Billboards) These signs requir…

Zone name General Mixed Use
General category MIXED_USE
Zone area 717.41 ac
Top alternative use upside
Office building $900,000 +14.9%
Medical building $795,000 +2.0%
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