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    Property profile & analytics

    Peppers Rd Gloucester, VA 23061

    • Apartment buildings
    • 5,452 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US87-1758377
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for Peppers Rd

    Year built
    1981
    Lot size
    1.29 lot acres
    Property size
    5,452 SF
    Zone code
    B-1
    Property type
    Apartment buildings
    APN
    25871
    APU
    25871

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $305,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $345,000
      Mixed-Use
      $345,000
      Hospitality
      $340,000
      Educational
      $300,000
      Residential Income
      $285,000
      Energy
      $310,000
      Income-Based Land
      $365,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Gloucester
    State
    Virginia
    Longitude
    -76.5475
    Latitude
    37.4368
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,280
    $225,000
    $509,060
    $734,060
    -
    $225,000
    $509,060
    $734,060

    Comparable in this City

    • Value Estimation
      $450,000
      3,600 SF

      Pinewood Cir

      APARTMENT HOUSE (5+ UNITS) • 3,600 SF
      Pinewood Cir, Gloucester, VA 23061
      View Details
    • Value Estimation
      $455,000
      2,520 SF

      6661 Cedar Lk Dr

      APARTMENT HOUSE (5+ UNITS) • 2,520 SF
      6661 Cedar Lk Dr, Gloucester, VA 23061-4293
      View Details
    • Value Estimation
      $245,000
      4,368 SF

      6251 Main St

      APARTMENT HOUSE (5+ UNITS) • 4,368 SF
      6251 Main St, Gloucester, VA 23061-4357
      View Details
    • Value Estimation
      $375,000
      4,080 SF

      7651 Belroi Rd

      APARTMENT HOUSE (5+ UNITS) • 4,080 SF
      7651 Belroi Rd, Gloucester, VA 23061-4342
      View Details
    • Value Estimation
      $740,000
      3,418 SF

      7662 Meredith Dr

      APARTMENT HOUSE (5+ UNITS) • 3,418 SF
      7662 Meredith Dr, Gloucester, VA 23061-4151
      View Details
    • Value Estimation by Request
      0.79 Acres

      6585 Caucus Bay Ct

      APARTMENT HOUSE (5+ UNITS) • 0.79 Acres
      6585 Caucus Bay Ct, Gloucester, VA 23061-3898
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      74,774 SF

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      High-traffic retail space, ample parking.
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      View Details
    • $5,000 /Mo
      2,000 SF

      Gloucester Warehouse Space Available

      2000 sqft warehouse with grade level garage door.
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      View Details
    • $10 SF/Yr
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      Industrial Space in Gloucester Business Park

      Industrial space for lease in growing Gloucester Business Park.
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    • $17 SF/Yr
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      EDGEHILL TOWN CENTER: Gloucester Office Space

      Prime Gloucester Office, 16,000 SF Available
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    • $15 SF/Yr
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      Retail Space in Gloucester, VA

      Retail space available for lease in Gloucester, Virginia.
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      View Details
    • $10 SF/Yr
      7,300 SF

      Gloucester Office Space For Rent

      7,300 square feet of office space available for lease.
      7639 Crab Thicket Rd, Gloucester, VA 23061
      View Details
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    Peppers Rd
    Gloucester, VA 23061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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