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Property profile & analytics
OFF-MARKET Estimated value $2,165,000
Apartment buildings

601 Godwin St Portsmouth, VA 23704-3202

23,028 SF 1.29 ac lot Built 2007
Individually Owned Free & Clear
Property ID
US87-1296799
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2007
Total area 23,028 SF
Lot 1.29 ac (56,018 SF)
Zoning code NMU
APN 0079-1590
UPID US87-1296799
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.84M
Comparable Approach Comparable
$2.16M
Blend (final) Blend
$2.17M
Owner & transaction history
PRHA
PRHA
Zoning & alternative use
NMU · 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 Neighborhood Mixed Use
General category MIXED_USE
Zone area 190.25 ac
Top alternative use upside
Medical building $2.8M +32.1%
Retail stores $2.8M +29.5%
Office building $2.4M +14.1%
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