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    45 W Queens Way Hampton, VA 23669

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    For Sale
    $1,250,000

    Two-story office building in Hampton's Downtown Waterfront District.

    Property size:
    11,375 SF
    Lot size:
    0.24 Acres

    Property Features for 45 W Queens Way

    General Information

    Size
    11,375 SF
    Lot size
    0.24 Acres

    Source: Global Real Estate Investment, Inc. Agent Michael P Zarpas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Waterfront Office Building

    This two-story office building is situated in the culinary center of the Downtown Waterfront District. The property benefits from plentiful on-street parking, with a municipal parking structure located directly across the street. Hampton, the birthplace of America’s space program, is home to the Virginia Air & Space Center, which is less than half a mile from the property. Multiple new residential, mixed-use, and commercial developments have recently been completed, enhancing the district's 24/7 environment. The property contains 11,375 square feet and is suitable for office use. It is also home to the largest IMAX theatre in Hampton Roads.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -76.343242
    Latitude
    37.026104

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    FAQs

    What type of property is this?
    Office building - Two-story office building in Hampton's Downtown Waterfront District.
    Where is this office building located?
    The property is located at 45 W Queens Way Hampton, VA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime location in the culinary center of the Downtown Waterfront District.; - Abundant parking options with on-street parking and a municipal parking structure nearby.; - Proximity to the Virginia Air & Space Center (less than half a mile).
    (757) 286-1783
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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
    45 W Queens Way Hampton, VA 23669
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