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Property profile & analytics
OFF-MARKET Estimated value $1,110,000
Bars & Pubs

4066 Victory Blvd Portsmouth, VA 23701-2820

5,301 SF 1.38 ac lot Built 2002
Entity Owned 2-yr Hold Free & Clear
Property ID
US87-0303812
Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 2002
Construction LIGHT FRAME
Total area 5,301 SF
Lot 1.38 ac (59,939 SF)
Zoning code GMU
APN 0526-0025
UPID US87-0303812
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
  • The Twisted Crab - Portsmouth Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
$875k
Blend (final) Blend
$1.11M
Owner & transaction history
The Twisted Crab - Properties LLC · 2 yrs held
The Twisted Crab - Properties LLC
since 2023
Last sale
$1.3M
3 recorded transactions
2023
$1.3M
2022
Price N/A
2018
$698,607
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
Restaurant $740,000 +14.9%
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