3415 RacePortsmouth, VA 23707

  • Office properties
  • 1,980 SF
Off market
$10,018,800 Estimated

Property Details for 3415 Race

Year built
1986
Construction
LIGHT FRAME
Lot size
1.00 AC
Property size (Sq ft)
1,980 SF
Zone code
GMU
Property type
Office properties
Property subtype
Other office properties
APN
0314-0693
APU
3140693

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $386,329
    6.5%
    $356,611
    7%
    $331,139
  • Comparable approach

    Method
    Valuation
    Relative Method
    $233,963
    Geo Method
    $330,680
  • Alternative Use

    Use
    Valuation
    Residential
    $442,198
    Hospitality
    $405,051
    Educational
    $336,997
    Medical
    $348,587
    Retail
    $524,218
3415 Race, Portsmouth, Virginia

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.828
Longitude
-76.3439
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
$1,112
$20,700
$43,640
$64,340
-
$20,700
$43,640
$64,340

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