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Property profile & analytics
OFF-MARKET
Investment properties
525 High St Portsmouth, VA 23704-3515
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-1090281
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1930
Construction
BRICK
Total area
6,840 SF
Lot
0.08 ac (3,615 SF)
Zoning code
T5
APN
0013-0040
UPID
US87-1090281
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
-
OLDE TOWNE FOOD MART Grocery & Convenience Store Food Market
-
AMPED Digital / MWR Brands Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
525 And 527 High Street LLC · 1 yrs held
525 And 527 High Street LLC
since 2025
2 recorded transactions
Zoning & alternative use
T5 · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The T5 sub-district contains a higher density mix of uses with primarily retail space permitted on the ground floor.
Zone name
Urban Center
General category
COMMERCIAL
Zone area
45.97 ac
Source
Realmo
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 Portsmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portsmouth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,183
Tax year 2023
Assessed value
$150,820
Assessed 2023
Previous assessed
$150,820
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$96,270
Assessed improvement
$54,550
Land market value
$96,270
Improvement market value
$54,550
Total market value
$150,820
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
6,840 SF
Lot
0.08 ac (3,615 SF)
Zoning code
T5
APN
0013-0040
UPID
US87-1090281
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
T5 · Portsmouth, VAZoning T5 · permitted uses
T5 · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The T5 sub-district contains a higher density mix of uses with primarily retail space permitted on the ground floor.
Zone name
Urban Center
General category
COMMERCIAL
Zone area
45.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
525 And 527 High Street LLC
Entity
Mailing address
101 W 12TH ST APT 5R, NEW YORK, NY 10011-8110
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
525 And 527 High Street LLC
High Street Portfolio LLC
Special Warranty Deed
$4,160,000 · Berkadia Commercial Mortgage LLC
Apr 21, 2023
$3,475,000
High Street Portfolio LLC
Leathel Holding Corp
Warranty Deed
$3,100,000 · The Old Point National Bank Of Phoebus
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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