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Financial
Distress signals
Property profile

1261 N King St Hampton, VA 23669

FOR SALE
Other apartment buildings
Property ID
US87-2315026
2,700 SF 0.15 ac lot Built 1949
Last sale May 2020 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 2,400-square-foot quadplex is a compact multifamily property built in 1949 and configured as four one-bedroom, one-bath units. Renovations have been completed in three of the four apartments, and the building features a composition roof. The property is identified as being in C1 zoning and is located at 1261 N King Street in Hampton, Virginia, with a waterfront feature indicated in the listing information.

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 · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$205k
Assessed land$50k
Assessed improvement$155k
Effective rate1.15%

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$185k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$2k
Operating expenses−$21k
NOI · 9.84% cap applied$26k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$536/SF
Submarket average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$79 – $1,553
Qualifying comparables3

Cap rate analysis

How does the asset earn?
9.84%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
13 C-1 NEIGHBORHOOD COMME
JurisdictionHAMPTON CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.7
Law Firm16.9
Dental Office16.5

Location

1261 N King St Hampton, VA 23669
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Percy, Hampton, VA 23669-1912 $12,830,000 Sep 2022 4,620 SF
700 Pembroke, Hampton, VA 23669-3261 $199,000 Sep 2022 3,000 SF
4501 Victoria, Hampton, VA 23669-4137 $405,000 Aug 2022 4,262 SF
509 Marshall, Hampton, VA 23669-3174 $900,000 Jun 2022 3,167 SF
308 Marshall, Hampton, VA 23669-3594 $200,000 May 2022 3,852 SF
333 Pembroke, Hampton, VA 23669-3168 $251,000 Dec 2018 5,345 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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