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Property profile & analytics
OFF-MARKET
Land

21 Libby St Hampton, VA 23663

9.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.16-acre commercial land parcel presents a unique development opportunity in Hampton, Virginia's vibrant Phoebus Historic District. Located at 21 Libby St, zip code 23663 (37.0177059, -76.325524), this property is zoned C-2, allowing for a diverse range of commercial uses. The asking price is $350,000. Ideal for developers seeking to capitalize on the area's rich history and growing economy, this site offers significant potential for various projects. Permitted uses specifically include hotels, restaurants, and motels, making it an attractive investment for hospitality ventures or mixed-use developments. The substantial lot size provides ample space for large-scale projects, while the prime location within the Phoebus Historic District ensures high visibility and accessibility. This is a rare opportunity to acquire a significant land holding in a desirable and thriving area of Hampton, Virginia. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property's address is easily accessible via major roadways, offering convenient access for both residents and visitors. This location provides excellent visibility and exposure for any commercial enterprise. The C-2 zoning ensures flexibility in development plans, allowing for a wide range of possibilities.

Property profile
Verified
Property type Land
Lot 9.16 ac (399,010 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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