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2605 Build America Dr Hampton, VA 23666-3224

OFF-MARKET Warehouses Google Maps
1,805 SF Built 1984
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$150k
Range $135k – $165k (±10%)
Property ID US87-3039687

Property summary

AI-generated overview

This exceptional property at 2605 Build America Drive, Hampton, VA, offers a unique opportunity for businesses seeking versatile space. The property encompasses a substantial 3,610 square feet on the ground floor, perfectly suited for warehouse operations. Two 10-foot overhead doors allow for convenient drive-through access, streamlining logistics and material handling. Adding to its functionality, a second-level mezzanine provides an additional 600 square feet, ideal for office space, storage, or a combination of both. The property includes well-appointed office areas, a practical kitchen, ample storage, and three and a half bathrooms, ensuring comfort and convenience for employees. Heating is provided by wall heaters in the office areas and overhead heating in the warehouse. This light industrial/office space enjoys a prime location, offering easy access to Interstate 64 via the Mercury Boulevard exit. Its strategic position, bordered by Mercury Boulevard and Todds Lane, places it in close proximity to Coliseum Central, enhancing visibility and accessibility. The property is currently vacant and ready for immediate occupancy. The 0.04-acre lot provides ample space for parking and maneuvering. This property is also available for lease in conjunction with the adjacent property at 2604 Build America Drive (see Listing #10475290). The combined space offers even greater potential for larger businesses. The asking price is $3200.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1984
Construction TYPE NOT SPECIFIED
Total area 1,805 SF
Zoning code 15 C-3 GENERAL COMMERCIAL
APN 04E023 02 00064
UPID US87-3039687

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2022
Last sale
$140,000
2 recorded transactions
2022
$140,000
2021
Price N/A

Zoning & alternative use

15 C-3 GENERAL COMMERCIAL · Hampton, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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