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Property profile & analytics
OFF-MARKET
Apartment buildings
801 Randolph St Portsmouth, VA 23704-4721
Entity Owned
2-yr Hold
Property ID
US87-1186776
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
BRICK
Total area
4,930 SF
Lot
0.24 ac (10,498 SF)
Zoning code
T4
APN
0055-0540
UPID
US87-1186776
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
801 LLC · 2 yrs held
801 LLC
since 2023
Last sale
$540,000
4 recorded transactions
Zoning & alternative use
T4 · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The T4 sub district contains a mix of uses, but maintains a predominantly residential urban fabric. Theseareas, nearest to the Olde Towne Historic District, represent moderately intense urbanism in the downtown.
Zone name
General Urban
General category
COMMERCIAL
Zone area
51.06 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
$5,690
Tax year 2023
Assessed value
$403,210
Assessed 2023
Previous assessed
$403,210
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$72,000
Assessed improvement
$331,210
Land market value
$72,000
Improvement market value
$331,210
Total market value
$403,210
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
ELECTRIC
Cooling
NONE
Stories
2
Units
6
Bathrooms
6
Total area
4,930 SF
Lot
0.24 ac (10,498 SF)
Zoning code
T4
APN
0055-0540
UPID
US87-1186776
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
T4 · Portsmouth, VAZoning T4 · permitted uses
T4 · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The T4 sub district contains a mix of uses, but maintains a predominantly residential urban fabric. Theseareas, nearest to the Olde Towne Historic District, represent moderately intense urbanism in the downtown.
Zone name
General Urban
General category
COMMERCIAL
Zone area
51.06 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1973
Construction
BRICK
Heating
ELECTRIC
Cooling
Yes
Stories
2
Units
6
Bathrooms
6
Lot
0.24 ac
Current owner
From public records · entity-resolved
801 LLC
Entity
Mailing address
5959 JEFFERSON AVE, NEWPORT NEWS, VA 23605-3242
Ownership since
2023
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
Oct 6, 2023
$540,000
801 LLC
J And P Rentals LLC
Warranty Deed
$460,000 · Abnb Federal Credit Union
Jul 13, 2022
$420,000
J & P Rentals LLC
Consumer Properties LLC
Warranty Deed
$460,000 · Party III
Jun 15, 2022
$350,000
Consumer Properties LLC
Randolph Street LLC
Warranty Deed
—
Jan 14, 2019
—
Randolph Street LLC
Blair,weeden F JR & Sharon
Grant 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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