Automotive Property with
New
For Sale
$450,000
1425 W Pembroke Avenue, Hampton, VA 23661
Commercial/Industrial, Hampton, VA
Property Size1,600 SF
Lot Size0.17 Acres
Price / SF$281.25
Days on Market7
Property Features for 1425 W Pembroke Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Subdivision
ALL OTHERS AREA 102
Standard status
Active
Size
1,600 SF
Lot size
0.17 Acres
Tenancy & Operations
Real Estate Included
Yes
Business Included
Yes
Additional Details
Automotive Uses
dealership/vehicle sales, car wash, tire service, auto repair
Taxes and HOA fees
Tax Annual Amount
1617
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Amenities
office spaces
lobby area
Building Details
Year built
1958
Roof type
Tar/Gravel
Listing Agency:
CENTURY 21 Nachman Realty · Century 21 Real Estate
(757) 480-2121
Listed By:
Cliff Wells
(800) 539-8014
Added: Oct 23
Changed: Oct 29
Last Checked: Oct 29 at 5:06PM
MLS# 10659329
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property at 1425 W Pembroke Avenue includes 1,600 square feet on a 0.17-acre parcel. The interior has two offices, a central lobby, and substantial warehouse and garage space. Business inventory is included. The property has central air conditioning, natural gas heat, and a tar-and-gravel roof; it was built in 1958.
Located in Hampton, the property has exposure along a main road. C3 zoning and the existing garage-oriented layout are key features of the site.
Located in Hampton, the property has exposure along a main road. C3 zoning and the existing garage-oriented layout are key features of the site.
Key Highlights
- 1,600‑square‑foot building on a 0.17‑acre parcel
- C3 zoning
- Two offices and a lobby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,149
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,980
$403.0K
Cap Rate 7%
$287,843
$287.8K
Cap Rate 9%
$223,878
$223.9K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$27.8K $17.40/SF
− Vacancy
−$974 −$0.61/SF
EGI
$26.9K $16.79/SF
− OpEx
−$6.7K −$4.20/SF
NOI
$20.1K $12.59/SF
Area
Hampton, VA
Vacancy
3.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,980
Cap Rate 7%
$287,843
Cap Rate 9%
$223,878
Alternative Uses
Best Use
Specialty Retail
$287.8K
$251.9K – $335.8K
NOI $20,149 @ 7.0% cap · market cap 4.48%
Second Best
Retail
$239.4K
$209.5K – $279.3K
NOI $16,756 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$416.1K
$364.1K – $485.4K
NOI $29,126 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23661, VA
13,771
Population
6,614
Households
2.1
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
4.7 sq mi
ZIP Area
2,930
Density / Sq Mi
$66,760
Median Household Income
$44,399
Median Earnings
$1,224
Median Rent
$200,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Cash Car And Truck Rental — 606 E Pembroke Ave, Hampton, VA 23669
- U-Haul Neighborhood Dealer — 309 E Mercury Blvd, Hampton, VA 23663
Frequently Asked Questions
What type of property is this?
Automotive property - C3-zoned space combines office areas with a large garage and includes business inventory.
Where is this automotive property located?
The property is located at 1425 W Pembroke Avenue Hampton, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,600‑square‑foot building on a 0.17‑acre parcel; C3 zoning; Two offices and a lobby
