Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    175 Pine Chapel Rd Hampton, VA 23666

    Sponsored
    For Sale
    $499,000

    Land And Farms - Hampton, VA

    Lot size:
    0.76 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 24 at 9:06 am

    Property Features for 175 Pine Chapel Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C2
    Lot size
    0.76 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Linh Do

    Fathom Realty (757) 356-1226

    Listing agent Linh Do (757) 356-1226

    Listing date Jan 23, 2026

    MLS# 10617111 Listing URL

    Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hampton Land Bundle For Sale

    Two adjacent lots, identified as lot 175 and lot 177 Pine Chapel Road, are available as a bundle. The corner lot is zoned C-2 and offers a rare opportunity to own approximately 1 acre in the heart of Hampton. The location is central, next to the Hampton Convention Center and near the Hampton Coliseum, with easy access to I-64 and I-664. It is also close to the central business district and shopping areas. The property was previously approved for multi-residential apartments and/or single-family homes. The total lot size is 0.76 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    York
    State
    Virginia
    Longitude
    -76.3812962
    Latitude
    37.038714

    Nearby Similar for Sale

    • $895,000
      3,437 SF

      Renovated Commercial Buildings on Corner Lot

      Two renovated commercial buildings on a high-visibility corner lot.
      1328 E Pembroke Ave, Hampton, VA 23669
      View Details
    • $4,900,000
      66,200 SF

      Hampton Church and Classrooms Building

      Three-story, 66,200 sq ft building with classrooms and gymnasium.
      1228 Todds Ln, Hampton, VA 23666
      View Details
    • $575,000
      0.34 Acres

      Commercial Building with Residential Income

      Two-story commercial building with apartments and warehouse near I-664.
      2538 W Pembroke Ave, Hampton, VA 23661
      View Details
    • $575,000
      5,100 SF

      Commercial Building with Apartments

      Two-story commercial building with warehouse and apartments for sale.
      2538 W Pembroke Ave, Hampton, VA 23661
      View Details
    • $2,400,000
      21,631 SF

      Hampton Commercial Property on Mercury Boulevard

      21,631 SF property on 1.93 acres, excellent visibility.
      227 E Mercury Blvd, Hampton, VA 23669
      View Details
    • $998,000
      11,310 SF

      Move-In Ready Worship Space

      Exceptional church property with versatile facilities and a prime location.
      162 Alleghany Rd, Hampton, VA 23661
      View Details
    • $450,000
      3,000 SF

      Hampton Office Space For Sale

      3000 SF office space suitable for medical practice.
      2200 Executive Dr, Hampton, VA 23666
      View Details
    • $325,000
      0.32 Acres

      Leased Office Building with Garages

      Fully leased office building with garage bays near Langley AFB.
      1283 N King St, Hampton, VA 23669
      View Details
    • $325,000
      4,408 SF

      Leased Office Building with Garages

      Turn-key, fully leased office building with garage bays for sale.
      1283 N King St, Hampton, VA 23669
      View Details
    • $200,000
      2,304 SF

      Hampton Group Home Opportunity

      Nine-bedroom group home needing renovations in Hampton, Virginia.
      702 Delaware Ave, Hampton, VA 23661
      View Details
    • Contact for pricing
      3,763 SF

      Hampton Office Building Investment Opportunity

      Fully leased 3,763 SF office building in Hampton, VA.
      23 S Mallory St, Hampton, VA 23663
      View Details
    • $1,250,000
      11,375 SF

      Downtown Waterfront Office Building

      Two-story office building in Hampton's Downtown Waterfront District.
      45 W Queens Way, Hampton, VA 23669
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two adjacent lots totaling approximately 1 acre in central Hampton.
    Where is this commercial land located?
    The property is located at 175 Pine Chapel Rd Hampton, VA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Two adjacent lots totaling approximately 1 acre.; - Zoned C-2, offering versatile development options.; - Centrally located in Hampton, near the Hampton Convention Center and Hampton Coliseum.
    (757) 356-1226
    Request Owner's contact information
    175 Pine Chapel Rd Hampton, VA 23666
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    175 Pine Chapel Rd
    Hampton, VA 23666
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    175 Pine Chapel Rd Hampton, VA 23666
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Linh Do
    (757) 356-1226
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.