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Property profile & analytics
OFF-MARKET
Estimated value
$4,290,000
Retail properties & Spaces
5200 Mercury Blvd Newport News, VA 23605-1445
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0007298
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1974
Construction
TYPE NOT SPECIFIED
Total area
114,538 SF
Lot
1.32 ac (57,369 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
03G007A00 0000U1
UPID
US87-0007298
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
-
Sears Appliance Repair Home Appliance Store
-
Go Store It Self Storage Storage Facility
-
Amsec LLC Engineering Consultant
-
Admiral Security Services Security Service
-
Maximus Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$4.29M
Owner & transaction history
Go Store It Hampton II LLC · 2 yrs held
Go Store It Hampton II LLC
since 2023
Last sale
$4.0M
3 recorded transactions
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Newport News, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Newport News submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport News 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
$4,420,000
ML approach
$4,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.29M
Range $3.86M – $4.72M · ±10% · vs last sale $4.00M (Dec 20 2023)
Last sale anchor
$4.00M
Dec 20 2023
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
$37 / 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
$89,474
Tax year 2023
Assessed value
$4,360,100
Assessed 2024
Previous assessed
$4,360,100
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$644,000
Assessed improvement
$3,716,100
Land market value
$644,000
Improvement market value
$3,716,100
Total market value
$4,360,100
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Rooms
1
Total area
114,538 SF
Lot
1.32 ac (57,369 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
03G007A00 0000U1
UPID
US87-0007298
Jurisdiction
HAMPTON CITY
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Newport News, VA
Zoning 14 C-2 LIMITED COMMERCIAL · permitted uses
14 C-2 LIMITED COMMERCIAL · Newport News, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newport News. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Rooms
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Go Store It Hampton II LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6805 CARNEGIE BLVD STE #120, CHARLOTTE, NC 28211-3551
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
$4,000,000
Go Store It Hampton II LLC
Mcg Va Sears LLC
Warranty Deed
—
Jan 14, 2019
$8,750,000
Mcg Va Sears LLC
Seritage Src Finance LLC
Special Warranty Deed
$500,000 · Townebank
Jul 17, 2015
—
Seritage Src Finance LLC
Sears Roebuck And Co
Foreclosure
related
$10,156,600 · Jpmorgan Chase Bank NA
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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