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Property profile

3217 Cmdr Shepard Blvd Hampton, VA 23666

OFF-MARKET
Industrial properties
28,425 SF 4.6 ac lot Built 1965
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Property summary

AI-generated overview

This exceptional 28,425-square-foot manufacturing facility, situated on a 4.6-acre lot in Hampton, Virginia, presents a compelling investment opportunity. Built in 1965, this single-story building is zoned M-1, offering significant flexibility for various industrial uses. The property boasts a substantial footprint, providing ample space for manufacturing operations, warehousing, or potential redevelopment. Its strategic location within the Langley Research & Development Park offers proximity to significant infrastructure and technological advancements. A key advantage is its adjacency to a planned 60-megawatt battery storage facility slated for completion in 2026, presenting unique synergies for businesses in the energy sector or those requiring reliable power solutions. The property's single-building design simplifies management and maintenance, while its substantial lot size allows for future expansion or additional development. The address is 3217 Cmdr Shepard Blvd, Hampton, VA 23666. This property is ideal for businesses seeking a well-located, spacious, and adaptable industrial space in a thriving technological hub. The property's location offers excellent access to transportation networks, supporting efficient logistics and distribution. This is a rare opportunity to acquire a significant industrial asset in a prime location with considerable future potential. The property's existing infrastructure and zoning provide a solid foundation for immediate occupancy or future development projects.

Property profile

Verified
Property type Industrial properties
Year built 1965
Total area 28,425 SF
Lot 4.6 ac (200,376 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3217 Cmdr Shepard Blvd Hampton, VA 23666
Hampton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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