Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
Wyatt Dr Portsmouth, VA 23703
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1943755
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
35.15 ac (1,531,308 SF)
Zoning code
IN
APN
0719-0030
UPID
US87-1943755
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
Portsmouth Business Park LLC · 3 yrs held
Portsmouth Business Park LLC
since 2023
5 recorded transactions
Zoning & alternative use
IN · Portsmouth, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Opens in a new window Search... Use up/down arrow keys to navigate suggestions, Enter to select, Esc to close. Zoning Ordinance Zoning Permits Zoning Sign Permits Zoning Verification Requests Home Government Departments and Offices Planning Department Zoning Zoning Ordinance Zoning Ordinance The Zoning Ordinance can also be accessed online. Regulations
Zone name
Industrial
General category
INDUSTRIAL
Zone area
1,909.07 ac
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
35.15 ac (1,531,308 SF)
Zoning code
IN
APN
0719-0030
UPID
US87-1943755
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
IN · Portsmouth, VAZoning IN · permitted uses
IN · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Opens in a new window Search... Use up/down arrow keys to navigate suggestions, Enter to select, Esc to close. Zoning Ordinance Zoning Permits Zoning Sign Permits Zoning Verification Requests Home Government Departments and Offices Planning Department Zoning Zoning Ordinance Zoning Ordinance The Zoning Ordinance can also be accessed online. Regulations
Zone name
Industrial
General category
INDUSTRIAL
Zone area
1,909.07 ac
Building & site characteristics
From public records
Heating
NONE
Lot
35.15 ac
Current owner
From public records · entity-resolved
Portsmouth Business Park LLC
Entity
Mailing address
11111 SANTA MONICA BLVD, LOS ANGELES, CA 90025-3333
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2023
—
Portsmouth Business Park LLC
—
Deed
related
$69,000,000 · Centennial Bank
Jul 30, 2019
—
Portsmouth Business Park LLC
—
Grant Deed
related
$2,566,061 · Five Points Bk
Sep 27, 2012
—
Portsmouth Genco LLC
—
Deed Of Trust
related
$105,000,000 · Bank Of Nova Scotia
Feb 18, 2009
—
Virginia Leasing Cor Cogentrix
—
Deed Of Trust
related
$25,000,000 · Northern Virginia Electric Coo
—
—
Portsmouth Genco LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Wyatt Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
