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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Specialty properties
5905 Portsmouth Blvd Portsmouth, VA 23701-1445
Individually Owned
5-yr Hold
Free & Clear
Property ID
US87-0758182
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2001
Construction
BRICK
Total area
15,652 SF
Lot
2.52 ac (109,771 SF)
Zoning code
NMU
APN
0616-0220
UPID
US87-0758182
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
-
East Coast Aquatic Center Swimming Pool Hardware & Home Improvement
-
Boys & Girls Club Portsmouth Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Boys & Grils Club Of Se Virgnia · 5 yrs held
Boys & Grils Club Of Se Virgnia
since 2020
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
NMU · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+39.7%
Office building
$1.8M
+35.5%
Auto repair, garage
$1.6M
+17.3%
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
Method
Estimation
Statistic approach
$1,350,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$1,340,000
Current use
MEDICAL BUILDING
$1,870,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$1,815,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,570,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,535,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,215,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,080,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $850k (Aug 28 2020)
Last sale anchor
$850k
Aug 28 2020
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
$79 / 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
$3,506
Tax year 2023
Assessed value
$1,824,320
Assessed 2023
Previous assessed
$1,824,320
+0.0% YoY
Effective rate
0.19%
On assessed value
Assessed land
$562,990
Assessed improvement
$1,261,330
Land market value
$562,990
Improvement market value
$1,261,330
Total market value
$1,824,320
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2001
Construction
BRICK
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
7
Total area
15,652 SF
Lot
2.52 ac (109,771 SF)
Zoning code
NMU
APN
0616-0220
UPID
US87-0758182
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
NMU · Portsmouth, VA
Zoning NMU · permitted uses
NMU · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portsmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
7
Lot
2.52 ac
Current owner
From public records · entity-resolved
Boys & Grils Club Of Se Virgnia
Individual
Free & Clear · 5 yrs held
Mailing address
1300 DIAMOND SPGS RD, VIRGINIA BEACH, VA 23455-3645
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
—
Boys & Girls Club
—
Deed
related
—
Aug 28, 2020
$850,000
Boys & Grils Club Of Se Virgnia
5905 Partners LLC
Grant Deed
—
Sep 25, 2017
$500,000
5905 Partners LLC A Delaware Limite
Southeastern Virginia Properties Ll
Special Warranty Deed
$500,000 · Gelt Financial LLC
May 11, 2017
$199,326
Southeastern Va Properties LLC
Barclay Robert C IV|girls INC Of Greater Peninsula
Trustees Deed
—
Jul 11, 2013
$405,095
Girls INC Of Greater Peninsula
Girls INC Of Southwest Hampton
Grant Deed
—
—
—
Girls INC Of Southwest Hampton Ro
—
Deed Of Trust
related
$200,000 · Towne Bank
—
—
Girsl INC Center Of Youth & Southwe
—
Loan Modification
related
—
—
—
Boys & Girls Club
—
Deed Of Trust
related
—
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.
Try Rey
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