Entity Owned Property summary
AI-generated overview
Retail space is situated within a Class A redevelopment project in Hampton, Virginia, adjacent to Interstate 64 and with frontage on West Mercury Blvd., a major thoroughfare and retail corridor. The redevelopment project spans in excess of 52 acres and is planned to include more than 450,000 square feet of retail space, with several large-format anchor tenants planned on-site, including a 100,000-square-foot Kroger, a 90,000-square-foot At Home, and a 40,000-square-foot Conn's. The specific retail unit is configured for retail use and has an indicated area of approximately 6,000 square feet.
Property profile
Verified
Property type
Other shopping centers
Use group
SHOPPING CENTER COMMON AREA
Year built
1962
Construction
TYPE NOT SPECIFIED
Total area
35,856 SF
Lot
20.25 ac (882,177 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
07H020 00 00000KBR1
UPID
US87-2967512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home Decor Store Department Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.88M
Blend (final)
Blend
$3.85M
Owner & transaction history
since 2016
2 recorded transactions
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VA
Top alternative use upside
Medical building
$4.6M
+125.7%
Restaurant
$4.1M
+103.7%
Warehouse, storage
$3.8M
+86.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.85M
Value range
$3.47M – $4.24M
±10% around blend
Estimated value / SF
$107 / SF
Confidence
Property data
100
Comparable evidence
60
$3.47M
blend $3.85M
$4.24M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
35,856 SF
Lot area
20.25 ac
Year built
1962
Stories
1
APN
07H020 00 00000KBR1
Zoning
14 C-2 LIMITED COMMERCIAL
Assessed value
$27,765,000
Annual tax
$363,433
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.88M
Range $873k – $3.88M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+126%
vs current-use indication
Restaurant
Warehouse, Storage
Auto Repair, Garage
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$27.76M
Move the market yield to see immediate price impact.
Value / SF
$774
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.75M
$34.98M
$24.99M
$19.44M
$1.94M
$38.87M
$27.76M
$21.60M
$2.14M
$42.76M
$30.54M
$23.75M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$363,433
Tax year 2023
Assessed value
$27,765,000
Assessed 2024
Previous assessed
$24,296,000
+14.3% YoY
Effective rate
1.31%
On assessed value
Assessed land
$10,585,800
Assessed improvement
$17,179,200
Land market value
$10,585,800
Improvement market value
$17,179,200
Total market value
$27,765,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other shopping centers
Use group
SHOPPING CENTER COMMON AREA
Status
Off-Market
Year built
1962
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
6
Stories
1
Rooms
14
Total area
35,856 SF
Lot
20.25 ac (882,177 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
07H020 00 00000KBR1
UPID
US87-2967512
Jurisdiction
HAMPTON CITY
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VAZoning 14 C-2 LIMITED COMMERCIAL · permitted uses
14 C-2 LIMITED COMMERCIAL · Hampton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Rooms
14
Lot
20.25 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
14 C-2 LIMITED COMMERCIAL
Jurisdiction
Hampton, VA
Recorded code
14 C-2 LIMITED COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 14 C-2 LIMITED COMMERCIAL in Hampton, VA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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