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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
5959 Jefferson Ave Newport News, VA 23605-3242
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-0416187
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1960
Construction
FRAME
Total area
10 SF
Lot
0.8 ac (34,848 SF)
Zoning code
C2
APN
279000116
UPID
US87-0416187
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
-
Aperture Mind Photography Photography Service (Bike/Boat/Book/etc) Store
-
Freedom Mobile Home Community Campground & RV Park
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
Jd Commercial Property Specialist L · 5 yrs held
Jd Commercial Property Specialist L
since 2021
Last sale
$350,000
2 recorded transactions
Zoning & alternative use
C2 · 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
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
$5,848
Tax year 2023
Assessed value
$371,000
Assessed 2023
Previous assessed
$371,000
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$171,000
Assessed improvement
$200,000
Land market value
$171,000
Improvement market value
$200,000
Total market value
$371,000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
SPACE
Stories
2
Total area
10 SF
Lot
0.8 ac (34,848 SF)
Zoning code
C2
APN
279000116
UPID
US87-0416187
Jurisdiction
NEWPORT NEWS CITY
Zoning & alternative use
C2 · Newport News, VA
Zoning C2 · permitted uses
C2 · 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
1960
Construction
FRAME
Heating
SPACE
Stories
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Jd Commercial Property Specialist L
Entity
Mailing address
8553 OLD OCEAN VW RD, NORFOLK, VA 23503-5527
Ownership since
2021
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
Jun 7, 2022
—
Jd Commercial Property Specialist L
—
Deed
related
$491,634 · Newport News Shipbuilding Employees Cred
Jul 20, 2021
$350,000
Jd Commercial Property Specialist L
Pathco INC
Warranty Deed
$245,000 · Newport News Shipbuilding Employees
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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