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Waterfront Mixed-Use Opportunity Zone
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20 Ingalls Road, Hampton, VA 23651

Managed waterfront campus with Opportunity Zone incentives and built-in tourism demand supporting office, retail, and hospitality concepts.

Property Size100,000 SF
Days on Market127

Property Features for 20 Ingalls Road

General Information

Standard status Active
Size 100,000 SF
Property subtype Office

Additional Details

Opportunity Zone Yes
Multifamily Units 174

Building Details

Building Size 100,000 SF

Properties For Sale

at 20 Ingalls Road Contact us
Name Size Type Rate Availability
Building 135 | Office/Warehouse 17,010 SF — — — Contact us
Building 259 | Office 6,492 SF — — — Contact us
Building 260 | Office 6,479 SF — — — Contact us
Building 263 | Office 5,770 SF — — — Contact us
Building 268 | Office 2,942 SF — — — Contact us
Building 270 | Office 5,700 SF — — — Contact us
Building 28 | Office 19,760 SF — — — Contact us
Building 56 | Office 20,363 SF — — — Contact us
Building 59 | Office 20,161 SF — — — Contact us
Building 74 | Office 7,380 SF — — — Contact us
Building 77 | Office 5,097 SF — — — Contact us
Listing Agency: Divaris Real Estate - Hampton Roads
Listed By: Elizabeth Napolitano
Source: Divaris
Added: Jun 2 Changed: Sep 14 Last Checked: Oct 5 at 4:38PM

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 Divaris Real Estate - Hampton Roads

Investment Insights

Based on property information with market context.

This managed waterfront investment site sits on the Chesapeake Bay and is positioned within a federally designated Opportunity Zone. Fort Monroe attracts visitors through beaches, museums, events, and recreational amenities, supporting a steady base of tourism-driven foot traffic for compatible commercial tenants and operators. The campus includes a marina component and a built environment with more than 100 historic buildings, offering adaptive reuse potential across office, retail, hospitality, and mixed-use applications. Existing residential units are complemented by redevelopment activity, with 174 residential units currently on site and 250 new units underway. Long-term and short-term leases are available with Full Service lease terms, and the offering includes a range of configurations from small office suites to larger commercial buildings, including free-standing single-tenant buildings. In select cases, office furniture may be offered for long-term leases.

Fort Monroe is supported by the Fort Monroe Authority and the Commonwealth of Virginia, and public-private partnerships are encouraged to promote sustainable development. The site is described as having convenient access to downtown Hampton, Norfolk, and Virginia Beach, with access via I-64 and the first exit through the tunnel from the Southside.

The property’s mix of character-rich spaces and waterfront setting makes it practical for users seeking flexible operating formats, including creative entrepreneurs, boutique hospitality concepts, restaurants, art galleries, and non-profits looking for adaptable venues with an established visitor presence.

Key Highlights

  • Fort Monroe campus managed by the Fort Monroe Authority and supported by the Commonwealth of Virginia
  • Federally designated Opportunity Zone on the Chesapeake Bay, with access to beaches, marinas, and scenic views
  • 100+ historic buildings with potential for office, retail, hospitality, and mixed‑use adaptation

Property Analytics

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Open Analytics

Current Use

Fort Monroe Authority Government Office

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Restaurant Law Firm Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

174
Residential units

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 23651, VA

494
Population
268
Households
1.8
Avg Household Size
58
Median Age
63%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
618
Density / Sq Mi
$102,917
Median Household Income
$47,083
Median Earnings
$2,054
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Marina - Managed waterfront campus with Opportunity Zone incentives and built-in tourism demand supporting office, retail, and hospitality concepts.
Where is this marina located?
The property is located at 20 Ingalls Road Hampton, VA.
What are key features of this property?
This property features: Fort Monroe campus managed by the Fort Monroe Authority and supported by the Commonwealth of Virginia; Federally designated Opportunity Zone on the Chesapeake Bay, with access to beaches, marinas, and scenic views; 100+ historic buildings with potential for office, retail, hospitality, and mixed‑use adaptation
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