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    303 Butler Farm Rd Hampton, VA 23666

    • Office Properties & Spaces
    • 67,195 SF
    • 7.54 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US87-2700466
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rehabilitative Services Department / Social Services Organization
    • Fast-Approval Car Title Loans / Loan Agency
    • Cateena Clarke / Cardiologist
    • Hampton Roads Internal Medicine, Henry L. Rothfuss MD / Internist / Medical Office
    • Hampton Roads Internal Med: Rothfuss Henry L MD / Internist

    Property Details for 303 Butler Farm Rd

    Year built
    1986
    Construction
    TYPE NOT SPECIFIED
    Lot size
    7.54 lot acres
    Property size
    67,195 SF
    Zone code
    31 HRC-1 HAMPTON ROADS CE
    Property type
    Office Properties & Spaces
    APN
    07T003 00 00000
    APU
    07T0030000000

    Description

    This exceptional industrial flex space, located at 303 Butler Farm Rd in Hampton, Virginia (zip code 23666), offers a total of 23,821 square feet currently available for lease. The property is classified as a multi-tenant building with flexible space options. Units range from a minimum of 1,689 square feet to a maximum contiguous space of 6,516 square feet, providing adaptability for various business needs. The entire 23,821 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual units. The property's location in Hampton city, Virginia, offers convenient access to major transportation routes and amenities. This is an ideal space for businesses requiring a blend of office and warehouse functionality, providing a versatile solution for diverse operational requirements. The property is categorized as industrial and further specified as flex space, highlighting its suitability for a wide range of commercial uses. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at 37.062146 latitude and -76.4035936 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.4037
    Latitude
    37.0621
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $71,492
    $1,193,500
    $3,966,100
    $5,159,600
    -
    $1,193,500
    $3,966,100
    $5,159,600

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    303 Butler Farm Rd
    Hampton, VA 23666
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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
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