1103 Thomas St Hampton, VA 23669
Investors, seize this exceptional opportunity to acquire a commercial property located at 1103 Thomas Street, Hampton, VA. This 0.19-acre lot presents a compelling investment prospect, priced competitively at $80,000. The property is being offered "AS-IS," meaning the seller will not undertake any repairs or cover inspection costs. This presents a unique chance for buyers to renovate and tailor the space to their specific commercial needs. The property's size and location in Hampton, VA, offer significant potential for various commercial ventures. Due diligence is strongly recommended given the "AS-IS" condition. This is a cash-only sale, requiring immediate action from serious investors. The property's current condition is unknown and requires a thorough assessment by prospective buyers. This presents a high-risk, high-reward scenario for those seeking a potentially lucrative investment. Act quickly, as this opportunity is unlikely to remain available for long. The property is sold as-is, where-is, with no warranties or guarantees implied or expressed. All interested parties are urged to conduct their own due diligence before making an offer. This is a unique chance to acquire a commercial property in a desirable location at a highly competitive price.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.