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    Campus Pkwy Hampton, VA 23666

    Sponsored
    For Sale
    $1,350,000

    3.26 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.26-acre commercial land parcel presents a unique investment opportunity in Hampton, Virginia. Strategically located at the signalized intersection of Commander Shepard Blvd and N Campus Pkwy, this property boasts a prime location within the Hampton Roads Center North Campus, a 470-acre master-planned business park. The C-2 zoning allows for a variety of commercial developments, and a proffered site plan is available. The site benefits from high visibility and significant traffic volume, with 27,100 vehicles per day on nearby Neil Armstrong Pkwy and 6,900 vehicles per day on Commander Shepard Blvd. Its proximity to major employers, including FedEx, the National Institute of Aerospace, and Thomas Nelson Community College, ensures a strong potential customer base. Furthermore, the property's location is just 1.5 miles from the entrance to Langley Air Force Base and NASA Langley Research Center, and within 2 miles of Interstate-64 and Langley Speedway, providing excellent accessibility. The asking price is $1,350,000. The parcel contributes $1,004.74 annually to the HRCN II Owners Association. This is an ideal site for developers seeking a high-traffic, well-located parcel in a thriving business park environment. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly growing area.

    Property Features for 0 Campus Pkwy

    General Information

    Property type
    Land
    Lot Size
    142,136 SF

    HighLights

    • $1,350,000 asking price for 3.263 acres of C‑2 zoned commercial land.
    • Located at the signalized intersection of Commander Shepard Blvd and N Campus Pkwy in Hampton, VA (zip code 23666).
    • 1.5 miles from Langley Air Force Base and NASA Langley Research Center; within 2 miles of I‑64 and Langley Speedway.
    • High traffic counts: 27,100 VPD on Neil Armstrong Pkwy and 6,900 VPD on Commander Shepard Blvd.
    • Proximity to major employers including FedEx, National Institute of Aerospace, and Thomas Nelson Community College.
    • Annual contribution of $1,004.74 to the HRCN II Owners Association.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hampton
    County
    Hampton
    State
    Virginia
    Longitude
    -76.4031108
    Latitude
    37.0805401

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    FAQs

    What type of property is this?
    Land - 3.26 Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at Campus Pkwy Hampton, VA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: $1,350,000 asking price for 3.263 acres of C-2 zoned commercial land.; Located at the signalized intersection of Commander Shepard Blvd and N Campus Pkwy in Hampton, VA (zip code 23666).; 1.5 miles from Langley Air Force Base and NASA Langley Research Center; within 2 miles of I-64 and Langley Speedway.
    (757) 333-4382
    Request Owner's contact information
    Campus Pkwy Hampton, VA 23666
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    Hampton, VA 23666
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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
    Campus Pkwy Hampton, VA 23666
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