Financial
Distress signals
Property profile

601 Washington St Portsmouth, VA 23704

OFF-MARKET
Office buildings
Property ID
US87-3965762
2,340 SF 0.06 ac lot Built 1967
Last sale Sep 2020 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$184k
Assessed land$67k
Assessed improvement$117k
Effective rate1.25%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$106/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$75 – $165

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
T4
The T4 sub district contains a mix of uses, but maintains a predominantly residential urban fabric. Theseareas, nearest to the Olde Towne...
General categoryCOMMERCIAL
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.3
Storage Facility8.9
Plumbing Service8.5

Location

601 Washington St Portsmouth, VA 23704-3509
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 High, Portsmouth, VA 23704-3426 $241,877 May 2024 4,300 SF
1220 High, Portsmouth, VA 23704-3228 $315,000 Apr 2024 1,852 SF
1815 County, Portsmouth, VA 23704-3033 $30,000 Mar 2024 1,200 SF
218 London, Portsmouth, VA 23704-2806 $400,000 Nov 2022 2,808 SF
705 Washington, Portsmouth, VA 23704-3511 $162,500 Sep 2021 1,450 SF
935 Portsmouth, Portsmouth, VA 23704-6536 $220,000 Dec 2020 1,532 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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