Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

611 Newport Ave Portsmouth, VA 23704

OFF-MARKET
Retail properties & Spaces
Property ID
US87-1138274
10,640 SF 0.33 ac lot Built 1949
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$119k
Assessed land$78k
Assessed improvement$41k
Effective rate2.07%

Value estimate

· Nov 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
IL
The Light Industrial IL district is established and intended to accommodate light manufacturing, assembly, fabrication, processing, distr...
General categoryINDUSTRIAL
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.4
Law Firm26.0
Restaurant23.8

Location

611 Newport Ave Portsmouth, VA 23704-2929
County assessor Recorded deeds · 1 transfer 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
825 High, Portsmouth, VA 23704-3333 $900,000 Dec 2025 9,147 SF
1813 High, Portsmouth, VA 23704-3105 $240,500 Jul 2023 10,830 SF
1141 London, Portsmouth, VA 23704-2239 $1,300,000 Jun 2022 11,100 SF
1711 Effingham, Portsmouth, VA 23704-4723 $2,000,000 Apr 2022 9,100 SF
1820 Elm, Portsmouth, VA 23704-4512 $346,500 Jun 2021 12,268 SF
906 High, Portsmouth, VA 23704 $235,400 Nov 2020 10,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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