Financial
Distress signals
Property profile

40 Town Ctr Way Hampton, VA 23666

OFF-MARKET
Drug stores
Property ID
US87-0513937
11,332 SF 1.22 ac lot Built 1998
Last sale Jan 2026 · $1,668,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

Hampton Towne Centre is a retail shopping center located just off Interstate 64, across the interstate from Thomas Nelson Community College and near an interchange that connects to a large office park. The center is positioned for convenient access for commuters associated with NASA/Langley Air Force Base and is within the wider Hampton Roads Center Parkway corridor. The surrounding trade area within approximately three miles reflects a growing population (91,093 per the provided figures) with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value · 2024$2.04M
Assessed land$1.06M
Assessed improvement$980k
Effective rate1.30%

Value estimate

· Sep 2026
$6.36M
$5.72M – $6.99M
AI approach$7.02M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$54 – $143
Qualifying comparables4

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?
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 agency23.4
Building Supply20.0
Law Firm19.8

Location

40 Town Ctr Way Hampton, VA 23666-1999
County assessor Recorded deeds · 2 transfers 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1927 C And F, Hampton, VA 23666-2672 $1,400,000 Feb 2026 8,070 SF
918 Mercury, Hampton, VA 23666-4323 $8,525,000 Jul 2024 13,272 SF
3326 Mercury, Hampton, VA 23666-3807 $4,032,000 Nov 2022 15,014 SF
919 Mercury, Hampton, VA 23666-4322 $4,400,000 Dec 2021 13,797 SF
3012 Mercury, Hampton, VA 23666-3931 $320,000 Mar 2021 16,900 SF
2315 Mercury, Hampton, VA 23666-3114 $7,788,461 May 2020 13,217 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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