Warehouse and Office
83&85 W Mercury Boulevard Hampton, VA 23669
New
83&85 W Mercury Boulevard, Hampton, VA, 23669
$300,000
For Sale
$300,000
COMMERCIAL - Hampton, VA
Property Size800 SF
Lot Size0.39 Acres
Price / SF$375
Days on Market5
Property Features for 83&85 W Mercury Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 800 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2685
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
Building Details
- Year built
- 1949
- Roof type
- Shingle
Listing Agency
AMW Real Estate Inc
(757) 806-5906
6632 George Washington Mem Hwy, Yorktown, VA
Listed by
Amanda Walsh
(757) 725-4086
Added: Jul 13 Checked: Jul 17 at 7:06 pm
MLS# 10644185
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Investment Insights
Based on property information with market context.
The property at 83&85 W Mercury Boulevard, Hampton, VA 23669 is a building and lot combo totaling 800 square feet. The listing notes the site may be used for automotive services, office, office-warehouse, restaurant, retail, or warehouse applications, offering flexibility for an owner-operator or compatible tenant.
Public remarks highlight strong exposure on Mercury Boulevard, which can support customer-facing or drive-by visibility needs. The offering includes the building along with the accompanying lot.
For sale as presented, this is a straightforward commercial property option for businesses looking for a site that can accommodate multiple practical formats, including office and warehouse-style operations.
Public remarks highlight strong exposure on Mercury Boulevard, which can support customer-facing or drive-by visibility needs. The offering includes the building along with the accompanying lot.
For sale as presented, this is a straightforward commercial property option for businesses looking for a site that can accommodate multiple practical formats, including office and warehouse-style operations.
Key Highlights
- Year built 1949 building with shingle roof
- Central air and heat pump heating and cooling
- Building and lot combo with business exposure on Mercury Blvd
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 | $15.8k | $19.80 |
| − Vacancy | −$1.8k | −$2.28 |
| EGI | $14.0k | $17.52 |
| − OpEx | −$3.5k | −$4.38 |
| NOI | $10.5k | $13.14 |
800 SF · lease $19.80/SF/yr · vacancy 11.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$150.2K
$131.4K – $175.2K
NOI $10,514 @ 7.0% cap · market cap 3.50%
Second Best
Warehouse
$90.9K
$79.6K – $106.1K
NOI $6,365 @ 7.0% cap · market cap 2.12%
Theoretical Best
Office A
$208.0K
$182.0K – $242.7K
NOI $14,563 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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Similar Off Market Nearby
- QWIK-STOR Self Storage — 1213 N King St, Hampton, VA 23669
FAQs
What type of property is this?
Warehouse - Building and lot combo with strong Mercury Boulevard visibility, suited for office, office-warehouse, and other light commercial uses.
Where is this warehouse located?
The property is located at 83&85 W Mercury Boulevard Hampton, VA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Year built 1949 building with shingle roof; Central air and heat pump heating and cooling; Building and lot combo with business exposure on Mercury Blvd
