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Property profile & analytics
OFF-MARKET
Estimated value
$10,035,000
Mobile home & RV parks
6659 Virginia Bch Blvd Norfolk, VA 23502-3035
Entity Owned
Free & Clear
Property ID
US87-3373103
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1954
Total area
1,701 SF
Lot
11.94 ac (519,932 SF)
Zoning code
MHP
APN
19818800
UPID
US87-3373103
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
$10.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.04M
Owner & transaction history
Bpc Newtown Storage LLC
Bpc Newtown Storage LLC
since 2026
Last sale
$9.8M
4 recorded transactions
Zoning & alternative use
MHP · Norfolk, 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 Norfolk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norfolk 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
Method
Estimation
Statistic approach
$12,670,000
ML approach
$10,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.04M
Range $9.03M – $11.04M · ±10% · vs last sale $9.75M (Apr 11 2022)
Last sale anchor
$9.75M
Apr 11 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$5,899 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$91,121
Tax year 2024
Assessed value
$7,289,700
Assessed 2024
Previous assessed
$7,009,300
+4.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$4,263,400
Assessed improvement
$3,026,300
Land market value
$4,263,400
Improvement market value
$3,026,300
Total market value
$7,289,700
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
1954
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
1,701 SF
Lot
11.94 ac (519,932 SF)
Zoning code
MHP
APN
19818800
UPID
US87-3373103
Jurisdiction
NORFOLK CITY
Zoning & alternative use
MHP · Norfolk, VA
Zoning MHP · permitted uses
MHP · Norfolk, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norfolk. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
11.94 ac
Current owner
From public records · entity-resolved
Bpc Newtown Storage LLC
Entity
Free & Clear · 0 yrs held
Mailing address
209 MADISON ST, ALEXANDRIA, VA 22314-1764
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Bpc Newtown Storage LLC
Bh Va Norfolk Newtown LLC
Deed
related
—
Apr 11, 2022
$9,750,000
Bh Va Norfolk Newtown LLC
Hendrick Family LLC
Special Warranty Deed
$7,312,500 · Townebank
Jan 19, 2017
—
Hundrick Family LLC A Virginia Limi
The Hendrick Family Trust
Gift Deed
related
—
Mar 9, 2005
—
Clifford Love III
Clifford Love III
Correction Deed
related
—
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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