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Property profile & analytics
OFF-MARKET
Investment properties
79 Afton Pkwy Portsmouth, VA 23702-2850
Individually Owned
Free & Clear
Property ID
US87-0945944
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1918
Construction
STONE
Total area
2,372 SF
Lot
0.1 ac (4,356 SF)
Zoning code
HLB
APN
0411-0370
UPID
US87-0945944
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raymond D Gumbleton
Raymond D Gumbleton
since 2025
Last sale
$235,000
3 recorded transactions
Zoning & alternative use
HLB · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HLB sub district is generally intended for commercial uses with, along with limited residential, and institutional uses.
Zone name
Historic Limited Business
General category
CIVIC_INSTITUTIONAL
Zone area
11.32 ac
Source
Realmo
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 Portsmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portsmouth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$950
Tax year 2023
Assessed value
$62,290
Assessed 2023
Previous assessed
$62,290
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$41,610
Assessed improvement
$20,680
Land market value
$41,610
Improvement market value
$20,680
Total market value
$62,290
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1918
Construction
STONE
Heating
OTHER
Cooling
NONE
Stories
2
Bathrooms
3
Total area
2,372 SF
Lot
0.1 ac (4,356 SF)
Zoning code
HLB
APN
0411-0370
UPID
US87-0945944
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
HLB · Portsmouth, VAZoning HLB · permitted uses
HLB · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HLB sub district is generally intended for commercial uses with, along with limited residential, and institutional uses.
Zone name
Historic Limited Business
General category
CIVIC_INSTITUTIONAL
Zone area
11.32 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1918
Construction
STONE
Heating
OTHER
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Raymond D Gumbleton
Individual
Free & Clear · 0 yrs held
Mailing address
2560 LAKEWOOD CIR, CHESAPEAKE, VA 23321-3774
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
$235,000
Raymond D Gumbleton
Sandra J Wood
Deed
—
Jul 15, 2019
$200,000
Sandra J Wood
Whitley,kenneth W & Janette R
Grant Deed
$150,000 · Kenneth W SR & Janette R Whitley
—
—
Kenneth W Whitley SR.
—
Deed Of Trust
related
$57,546 · Thomas R Mcteer
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.
Try Rey
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