Listing Agency: SVN | Motleys

Listed By: Phillip Baxter · License #VA 0225196285

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:14AM

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Investment Insights

Based on property information with market context.

This commercial land offering includes existing rental income and current tenancy, along with lease terms described as flexible. The property is identified for redevelopment and is located at 4004–4030 West Mercury Boulevard in Hampton, Virginia.

Permitted C-1 and C-2 uses include office, medical, multifamily apartments or condominiums, townhouses, hospitality, big-box retail, and both multi-tenant and single-tenant retail. The source information also identifies potential for tenant relocations, renewals, and build-to-suit development.

Key Highlights

• Commercial land at 4004–4030 West Mercury Boulevard, Hampton, VA 23666
• Existing rental income and current tenancy
• Flexible lease terms

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

383

Businesses Nearby

Explore this area Business Placement

Demographics for 23666, VA

52,845

Population

25,117

Households

2.1

Avg Household Size

37

Median Age

27%

College-Educated

91%

High-School Grad

19.4 sq mi

ZIP Area

2,724

Density / Sq Mi

$70,798

Median Household Income

$42,552

Median Earnings

$1,439

Median Rent

$241,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - C-1 and C-2 uses are permitted, with existing rental income and flexible lease terms.

Where is this commercial land located?

The property is located at 4004 - 4030 West Mercury Boulevard Hampton, VA.

What are key features of this property?

This property features: Commercial land at 4004–4030 West Mercury Boulevard, Hampton, VA 23666; Existing rental income and current tenancy; Flexible lease terms