3800 Twin PnesPortsmouth, VA 23703

  • Grocery and convenience stores
  • 2,814 SF
Off market
$788,570 Estimated

Property Details for 3800 Twin Pnes

Year built
1987
Construction
BRICK
Lot size
0.67 AC
Property size (Sq ft)
2,814 SF
Zone code
NMU
Property type
Grocery and convenience stores
APN
0846-0063
APU
8460063

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $767,476
    6.5%
    $708,439
    7%
    $657,836
  • Comparable approach

    Method
    Valuation
    Relative Method
    $795,861
    Geo Method
    $1,184,315
  • Alternative Use

    Use
    Valuation
    Residential
    $597,595
    Hospitality
    $547,394
    Educational
    $455,425
    Medical
    $471,088
    Retail
    $708,439

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.8733
Longitude
-76.4013
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
2023
$9,857
$566,070
$222,500
$788,570
-
$566,070
$222,500
$788,570

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