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Financial
Distress signals
Property profile

124 Armistead Ave Hampton, VA 23669

OFF-MARKET
Turn key restaurants
Property ID
US87-2330505
734 SF 0.17 ac lot Built 1952
Last sale Sep 2025 · $250,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding restaurant building with approximately 704 square feet of building area situated on an approximately 7,405-square-foot corner parcel. The site has frontage along S Armistead Ave and provides direct access from a prominent corner location. It was previously used as a seafood restaurant, and the compact footprint supports continued restaurant use or other uses permitted by applicable zoning and approvals. The property is located in Hampton’s downtown corridor near…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$107k
Assessed land$49k
Assessed improvement$58k

Value estimate

· Oct 2026
$245k
$221k – $270k
AI approach$240k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
28 DT-1 DOWNTOWN BUSINESS
JurisdictionHAMPTON CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.5
Realty agency15.0
Electrical Service11.9

Location

124 Armistead Ave Hampton, VA 23669-4019
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
989 King, Hampton, VA 23669-2886 $750,000 Jan 2026 2,016 SF
1780 King, Hampton, VA 23669-1910 $240,000 Jun 2025 1,156 SF
1025 Pembroke, Hampton, VA 23669-3811 $220,000 Nov 2024 918 SF
219 Pembroke, Hampton, VA 23669-3428 $100,000 May 2023 1,584 SF
1559 King, Hampton, VA 23669-1906 $250,000 Dec 2022 2,520 SF
601 Pembroke, Hampton, VA 23669-3234 $280,000 Jan 2022 1,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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