1033 Big Bethel Road, Hampton, VA 23666
COMMERCIAL - Hampton, VA
- Added:
- Sep 25, 2025
- Days on Market:
- 276
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1033 Big Bethel Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R11
- Standard status
- Active
- Size
- 15,088 SF
- Lot size
- 17.80 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12715
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Roof type
- Metal, Shingle
Listing agent Carlyn Menser License #0225104023 (757) 525-3639
Listing office RE/MAX Connect 100 Newsome Dr. Suite E, Yorktown, VA (757) 525-3639
Listing date Sep 25, 2025
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HighLights
- 17.8 acres in Hampton's R‑11 zoning district.
- Includes a 15,000 sq. ft. commercial building and 2,700 sq. ft. residence.
- Redevelopment potential for residential, mixed‑use, or commercial projects.
- Located on a main thoroughfare in the heart of Hampton.
- Excellent proximity to shopping, established businesses, and interstate access.
- High visibility in a strong growth area.
Overview
The property is located on a main thoroughfare in Hampton, VA, providing high visibility and convenient access to surrounding retail and established businesses. Interstate access is described as being nearby, enhancing the site’s appeal for projects that benefit from straightforward regional connectivity.
Zoned R-11, the property presents a practical option for investors, developers, or operators looking for sites that can accommodate residential, mixed-use, or commercial concepts. The combination of acreage and existing structures offers options for assembling a larger development plan while retaining the ability to evaluate how best to position the commercial building and residence within a cohesive redevelopment strategy.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $298.7k | $19.80 |
| − Vacancy | −$34.4k | −$2.28 |
| EGI | $264.4k | $17.52 |
| − OpEx | −$66.1k | −$4.38 |
| NOI | $198.3k | $13.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hampton
- County
- York
- State
- Virginia
- Longitude
- -76.430666
- Latitude
- 37.049127
