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    7 Queens Way Hampton, VA 23669

    Sponsored
    For Sale
    Contact for pricing

    7,658 SF Office, Prime Location

    Property size:
    7,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional Downtown Hampton office building presents a unique owner-user opportunity. The 7,658 square-foot property, classified as Class B, features two stories and is situated on a 0.19-acre lot. Currently 100% occupied, the building boasts 23 private offices and two conference rooms, offering ample space for a variety of businesses. The flexible layout allows for separate leasing of each floor, catering to diverse needs. Ten dedicated on-site parking spaces are included, with a free parking garage conveniently located within a 30-second walk. The property is zoned OHB and is currently available for sale. The existing lease is a NNN lease with a corporate guarantee and expires December 18, 2024, providing an ideal owner-user scenario or future leasing potential starting December 19, 2024. The building's prime downtown Hampton location ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, versatile office space in a thriving area. The building's fully built-out interior is ready for immediate occupancy, minimizing upfront investment and maximizing return.

    Property Features for 7 Queens Way

    General Information

    Property type
    Medical offices
    Square Feet
    7,658 SF
    Class
    B
    Lot Size
    8,276 SF

    Building Details

    Buildings
    1
    Stories
    2
    Units
    2

    HighLights

    • 7,658 SF Class B office building in Downtown Hampton on a 0.19‑acre lot.
    • Two‑story building with 23 private offices and two conference rooms, currently 100% occupied.
    • Flexible layout allows for separate leasing of each floor.
    • Ten on‑site parking spaces plus a nearby free parking garage.
    • OHB zoning; NNN lease with corporate guarantee expiring December 18, 2024, offering owner‑user or future leasing potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Art By Gerome ... Art Gallery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3449492
    Latitude
    37.0255063

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    FAQs

    What type of property is this?
    Medical office - 7,658 SF Office, Prime Location
    Where is this medical office located?
    The property is located at 7 Queens Way Hampton, VA.
    What are key features of this property?
    This property features: 7,658 SF Class B office building in Downtown Hampton on a 0.19-acre lot.; Two-story building with 23 private offices and two conference rooms, currently 100% occupied.; Flexible layout allows for separate leasing of each floor.
    Request Owner's contact information
    7 Queens Way Hampton, VA 23669
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    Hampton, VA 23669
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Queens Way Hampton, VA 23669
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