Financial
Distress signals
Property profile

500 London St Portsmouth, VA 23704

OFF-MARKET
Retail residential properties
Property ID
US87-1156691
2,530 SF 0.05 ac lot Built 1853
Last sale Jun 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$3k
Tax billed · 2023
Assessed value$233k
Assessed land$68k
Assessed improvement$165k
Effective rate1.35%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$48 – $84
Qualifying comparables18

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?
HLO
The HLO sub district is intended for professional office uses as well as limited residential and institutional uses.
General categoryCIVIC_INSTITUTIONAL
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.0
Plumbing Service8.3
Garden Center8.2

Location

500 London St Portsmouth, VA 23704-2510
County assessor Recorded deeds · 3 transfers 18 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1219 Duke, Portsmouth, VA 23704-4605 $120,000 Feb 2026 2,280 SF
2309 High, Portsmouth, VA 23704-2919 $60,000 Jan 2026 1,394 SF
525 High, Portsmouth, VA 23704-3515 $3,475,000 Jan 2025 6,840 SF
465 Dinwiddie, Portsmouth, VA 23704-3633 $210,000 Apr 2024 2,511 SF
237 Elm, Portsmouth, VA 23704-2149 $101,600 Jun 2019 3,608 SF
607 High, Portsmouth, VA 23704-3423 $320,000 Apr 2019 3,600 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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