Property profile

6499 Market Dr 6513 Gloucester, VA 23061

OFF-MARKET
Outlet malls
Property ID
US87-1480544
78,198 SF 11.16 ac lot Built 1992
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1992
Total area 78,198 SF
Lot 11.16 ac (486,304 SF)
Zoning code B-1
APN 41250
UPID US87-1480544

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Store & Service
  • Garden Center

Location

6499 Market Dr, Unit 6513 Gloucester, VA 23061-5378
Gloucester metro Census 100203 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.48M
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.88M
Blend (final) Blend
$7.67M

Owner & transaction history

since 2022
Last sale
$7.5M
1 recorded transaction
2022
$7.5M

Zoning & alternative use

B-1 · Gloucester, VA
Top alternative use upside
Office building $11.6M +2.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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