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Hampton Flex/Industrial/Office Property For Sale

2010-2046 Exploration Way Hampton, VA 23666

2010-2046 Exploration Way, Hampton, VA, 23666
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Flex, industrial, and office property available in Hampton, Virginia.

Property Size32,500 SF
Price / SF$143.08
AddedMay 14
Days on Market64
Last RefreshJul 15 at 12:52 pm

Property Features for 2010-2046 Exploration Way

General Information

Standard status
Active
Size
32,500 SF
Property subtype
Office, Industrial

Building Details

Year Built
2010

Listing office Harvey Lindsay Commercial Real Estate Peninsula

Listing date May 14, 2026

Source Crexi

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 Harvey Lindsay Commercial Real Estate Peninsula


Investment Insights

Based on property information with market context.

The property at 2010-2046 Exploration Way, Hampton, VA 23666-6150 is available for sale. It is a commercial real estate property that includes flex space, industrial properties, office units, office spaces, warehouses, and other warehouse types. The property has a size of 32500 square feet.

Key Highlights

  • Built in 2010
  • Located on Exploration Way
  • Property address is 2010‑2046 Exploration Way

Local Financial Insights For Office B

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 $643.5k $19.80
− Vacancy −$74.0k −$2.28
EGI $569.5k $17.52
− OpEx −$142.4k −$4.38
NOI $427.1k $13.14
32,500 SF · lease $19.80/SF/yr · vacancy 11.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$6.10M
$5.34M – $7.12M (±1% cap)
NOI $427,123 @ 7.0% cap · market cap 9.19%
Second Best
Warehouse
$3.69M
$3.23M – $4.31M (±1% cap)
NOI $258,580 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$8.45M
$7.40M – $9.86M (±1% cap)
NOI $591,630 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Building Supply Real Estate Agency Law Firm Hair Salon Spa & Massage Center Restaurant HVAC Service Nail Salon Kitchen & Bath Showroom Skin Care Clinic

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

FAQs

What type of property is this?
Flex space - Flex, industrial, and office property available in Hampton, Virginia.
Where is this flex space located?
The property is located at 2010-2046 Exploration Way Hampton, VA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Built in 2010; Located on Exploration Way; Property address is 2010‑2046 Exploration Way
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