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    1954 Long Green Ln Hampton, VA 23663

    Sponsored
    For Sale
    $1,200,000

    Prime Hampton land, 20+ lot potential, no flood insurance.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 6.06-acre property located at 1954 Long Green Lane in Hampton, Virginia presents a remarkable development opportunity. Zoned for residential development, this expansive parcel offers the potential to create upwards of 20 individual lots, making it an ideal investment for builders and developers seeking a high-yield project. The property's strategic location provides convenient access to Langley Air Force Base (LAFB), the popular Buckroe Beach, and the historic Fort Monroe. A significant advantage is the property's exemption from flood insurance requirements, minimizing potential development costs and risks. Currently situated on the land is a church building, which is being sold "as is" with no repairs to be made by the seller. This presents a unique opportunity to either incorporate the existing structure into a future development plan or to remove it to maximize buildable land. The property's size and location, combined with the absence of flood insurance needs, make this a truly compelling investment prospect in a desirable Hampton location. Serious inquiries are encouraged to explore the full potential of this exceptional development opportunity. The asking price for this significant parcel is $1,200,000.

    Property Features for 1954 Long Green Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    263,974 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    East Hampton Baptist ... Baptist Church Shoreline Community Church Church

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    HAMPTON
    State
    Virginia
    Longitude
    -76.30875
    Latitude
    37.0413

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hampton land, 20+ lot potential, no flood insurance.
    Where is this commercial real estate located?
    The property is located at 1954 Long Green Ln Hampton, VA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (757) 873-6900
    Request Owner's contact information
    1954 Long Green Ln Hampton, VA 23663
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    Hampton, VA 23663
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    Realmo Value Estimation

    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.

    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.

    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
    1954 Long Green Ln Hampton, VA 23663
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