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Property profile & analytics
OFF-MARKET Estimated value $3,110,000
Grocery and convenience stores

5811 High W St Portsmouth, VA 23703-4503

17,783 SF 2.05 ac lot Built 2015
Entity Owned 10-yr Hold Free & Clear
Property ID
US87-0503137
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2015
Total area 17,783 SF
Lot 2.05 ac (89,167 SF)
Zoning code GMU
APN 0817-0010
UPID US87-0503137
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
  • StayRedi Planning and Events LLC Event Planning Wedding Service
  • ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.61M
Comparable Approach Comparable
$2.81M
Blend (final) Blend
$3.11M
Owner & transaction history
Seveninvest LLC · 10 yrs held
Seveninvest LLC
since 2016
4 recorded transactions
2016
$3.3M
2015
$1.5M
2014
$522,480
2013
$1.8M
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 $2.5M +14.9%
Medical building $2.2M +2.0%
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