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    1521 Pembroke Ave Hampton, VA 23663

    Sponsored
    For Lease
    $10 SF/Yr

    1,000 sq ft Single-Tenant Retail Space

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,000 square foot retail space is ideally situated at 1521 E Pembroke Ave in Hampton, Virginia, zip code 23663. The property is classified as a single-tenant retail space within a shopping center. Its prime location offers excellent visibility and accessibility, benefiting from its proximity to established businesses such as Rite Aid and Century Lanes Bowling. The building itself is a retail property with a total square footage of 0, indicating that the 1,000 sq ft space represents the entirety of the building available for lease. This presents a unique opportunity for a single tenant to occupy the entire building, offering complete control and customization. The property's address is easily accessible and benefits from high traffic flow in a well-established commercial area. Given its size and location, this property is well-suited for a variety of retail businesses seeking a prominent presence in a thriving Hampton community. The property is located at 37.0377583 latitude and -76.3152605 longitude. Serious inquiries are encouraged to explore this promising retail opportunity. The property type is retail, and the subtype is shopping center.

    Property Features for 1521 Pembroke Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $10

    HighLights

    • 1,000 SF retail space available for lease at 1521 E Pembroke Ave, Hampton, VA 23663.
    • Single‑tenant occupancy in a shopping center.
    • Excellent visibility and accessibility near Rite Aid and Century Lanes.
    • Entire building available for lease (1,000 SF).
    • High traffic area in established Hampton commercial district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3152605
    Latitude
    37.0377583

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    FAQs

    What type of property is this?
    Retail property - 1,000 sq ft Single-Tenant Retail Space
    Where is this retail property located?
    The property is located at 1521 Pembroke Ave Hampton, VA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF retail space available for lease at 1521 E Pembroke Ave, Hampton, VA 23663.; Single-tenant occupancy in a shopping center.; Excellent visibility and accessibility near Rite Aid and Century Lanes.
    Request Owner's contact information
    1521 Pembroke Ave Hampton, VA 23663
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    Hampton, VA 23663
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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
    1521 Pembroke Ave Hampton, VA 23663
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