DanversPortsmouth, VA 23703

  • Commercial real estate
  • 0.04 AC
Off market
$440,910 Estimated

Property Details for Danvers

Lot size
0.04 AC
Zone code
URM
Property type
Commercial real estate
APN
0809-0011
APU
8090011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $403,091
    6.5%
    $372,084
    7%
    $345,507
  • Comparable approach

    Method
    Valuation
    Relative Method
    $215,147
    Geo Method
    $320,158
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $737,295
    Retail / Commercial
    $377,152
    Mixed-Use / Specialty
    $375,075
    Hospitality / Lodging
    $274,227
    Office
    $372,084
    Institutional / Educational
    $389,665
    Residential Income
    $455,908
    Multifamily
    $550,851
    Automotive / Energy
    $333,999
    Parking / Income-Based Land
    $115,982
    Restaurant / Food Service
    $193,517
    Healthcare / Senior Housing
    $385,383

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.8614
Longitude
-76.3899
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
$119
$9,490
-
$9,490
-
$9,490
-
$9,490

FAQs

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