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    Waterfront Retail or Office Space Title is generated by Realmo AI

    1721 N King St, Hampton, VA

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    Versatile waterfront property suitable for retail or office use.

    Type:RETAIL
    Property size:
    2,500 SF
    Lot size:
    0.56 Acres
    Price / SF:
    $183/SF
    Added:
    Mar 14, 2025
    Days on Market:
    453
    Last Refresh:
    May 20 at 8:57 pm

    Property Features for 1721 N King St

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.56 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 1721 N King St Contact us

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    Listing Contact
    Ron A Campana Jr

    Listing agent Ron A Campana Jr

    Listing office Campana Waltz Commercial Real Estate, LLC - West

    Listing date Mar 14, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Campana Waltz Commercial Real Estate, LLC - West

    HighLights

    • Waterfront property on .96 acres
    • Approximately 3,861 square feet of building space
    • Suitable for retail, office, or professional use
    • Includes 1,360 square feet of outdoor space
    • Monument signage for high visibility
    • Close proximity to Langley Air Force Base

    Overview

    This property features approximately 3,861 square feet of building space and 1,360 square feet of outdoor space. Situated on a 0.96-acre waterfront lot, the property previously served as a restaurant but is suitable for various professional retail or office applications. Monument signage is available, providing maximum visibility. The location is in close proximity to Langley Air Force Base.

    Local Financial Insights For Retail

    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 $39.0k $15.60
    − Vacancy −$1.6k −$0.64
    EGI $37.4k $14.96
    − OpEx −$11.2k −$4.49
    NOI $26.2k $10.47
    2,500 SF · lease $15.60/SF/yr · vacancy 4.10% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $374.0K
    $327.3K – $436.4K (±1% cap)
    NOI $26,181 @ 7.0% cap · market cap 5.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $650.1K
    $568.9K – $758.5K (±1% cap)
    NOI $45,510 @ 7.0% cap · market cap 9.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hampton Physical Therapy ... Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    York
    State
    Virginia
    Longitude
    -76.3488
    Latitude
    37.0655

    FAQs

    What type of property is this?
    Retail space - Versatile waterfront property suitable for retail or office use.
    Where is this retail space located?
    The property is located at 1721 N King St Hampton, VA.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: Waterfront property on .96 acres; Approximately 3,861 square feet of building space; Suitable for retail, office, or professional use
    (757) 209-2990 Call to check price and availability
    More about this property
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