1204 E Pembroke Avenue Hampton, VA 23664
COMMERCIAL - Hampton, VA
- Added:
- Jun 11, 2026
- Days on Market:
- 33
- Last Refresh:
- Jul 13 at 8:06 pm
Property Features for 1204 E Pembroke Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C3
- Standard status
- Active
- Size
- 1,092 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2064
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Roof type
- Shingle
Listing agent Kathleen Mckone License #0225219347 (757) 530-9500
Listing office KW Allegiance 5218 George Washington Mem.Hwy Unit A, Grafton, VA (757) 530-9500
Listing date Jun 11, 2026
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.
Investment Insights
Based on property information with market context.
The property is located at 1204 E Pembroke Avenue in Hampton, Virginia, positioned just off Pembroke Avenue. The listing notes easy access and visibility, along with an established presence in the neighborhood.
For buyers and tenants, the key consideration is confirming how the existing improvements and layout align with your intended use under C3 regulations.
Key Highlights
- Versatile commercial building in Hampton located just off Pembroke Avenue
- Previously used as a daycare and a doctor's office, with a flexible layout for different business types
- Central air conditioning and heat pump heating
Local Financial Insights For Healthcare Medical
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 | $27.5k | $25.20 |
| − Vacancy | −$1.7k | −$1.51 |
| EGI | $25.9k | $23.69 |
| − OpEx | −$10.3k | −$9.48 |
| NOI | $15.5k | $14.21 |
