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    Property profile & analytics

    112 Kings Way Hampton, VA 23669-3500

    • Office Properties & Spaces
    • 3,651 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Last Sale
    Nov 09, 2023
    $290,000
    Location Intelligence
    Property ID
    US87-0488501
    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

    • Contour Me Body Bar / Health Spa / Doctor
    • Limye' Spa / Health Spa
    • Xpnsv Studio / Facial Spa / Massage Therapist
    • Mirror of Venus Boudoir Portraits / Portrait Studio

    Property Details for 112 Kings Way

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    3,651 SF
    Zone code
    28 DT-1 DOWNTOWN BUSINESS
    Property type
    Office Properties & Spaces
    APN
    02J232 00 00000
    APU
    02J2320000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $275,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $285,000
      Mixed-Use
      $315,000
      Hospitality
      $280,000
      Educational
      $305,000
      Residential Income
      $350,000
      Energy
      $285,000
      Income-Based Land
      $345,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3444
    Latitude
    37.0272
    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
    $1,906
    $48,700
    $210,700
    $259,400
    -
    $48,700
    $210,700
    $259,400

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      500 Bassette St

      OFFICE (GENERAL) • 1,008 SF
      500 Bassette St, Hampton, VA 23669-3011
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    • Value Estimation by Request
      1,848 SF

      32 Queens Way

      OFFICE (GENERAL) • 1,848 SF
      32 Queens Way, Hampton, VA 23669
      View Details
    • Value Estimation by Request
      1,384 SF

      30 Queens Way

      OFFICE (GENERAL) • 1,384 SF
      30 Queens Way, Hampton, VA 23669-4012
      View Details
    • Value Estimation by Request
      963 SF

      55 Queens Way

      OFFICE (GENERAL) • 963 SF
      55 Queens Way, Hampton, VA 23669-4011
      View Details
    • Value Estimation by Request
      1,000 SF

      1204 Pembroke Ave

      Medical offices • 1,000 SF
      1204 Pembroke Ave, Hampton, VA 23669
      View Details
    • Value Estimation by Request
      12,132 SF

      54 Old Hampton Ln

      OFFICE (GENERAL) • 12,132 SF
      54 Old Hampton Ln, Hampton, VA 23669-4197
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,658 SF

      Downtown Hampton Office Building

      7,658 SF Office, Prime Location
      7 Queens Way, Hampton, VA 23669
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    • $325,000
      4,408 SF

      Leased Office Building with Garages

      Turn-key, fully leased office building with garage bays for sale.
      1283 N King St, Hampton, VA 23669
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    • $1,250,000
      11,375 SF

      Downtown Waterfront Office Building

      Two-story office building in Hampton's Downtown Waterfront District.
      45 W Queens Way, Hampton, VA 23669
      View Details
    • $1,250,000
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      Downtown Hampton Cottage-Style Office Condominiums

      Three office condominiums in Hampton's renovated Downtown Waterfront District.
      100 Bridge St, Hampton, VA 23669
      View Details
    • $895,000
      3,437 SF

      Renovated Commercial Buildings on Corner Lot

      Two renovated commercial buildings on a high-visibility corner lot.
      1328 E Pembroke Ave, Hampton, VA 23669
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    • $325,000
      0.32 Acres

      Leased Office Building with Garages

      Fully leased office building with garage bays near Langley AFB.
      1283 N King St, Hampton, VA 23669
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    Similar Nearby for Lease

    • $21 SF/Yr
      1,260 SF

      Renovated Commercial Building on Corner

      Renovated commercial building with high visibility and easy access.
      1328 E Pembroke Ave, Hampton, VA 23669
      View Details
    • $14 SF/Yr
      1,328 SF

      Hampton Office Space For Rent

      Office space available for lease in Hampton, Virginia.
      2 Eaton St, Hampton, VA 23669
      View Details
    • $16 SF/Yr
      1,459 SF

      Hampton Office Space For Rent

      Office space available for lease in Hampton, Virginia.
      3321 W Mercury Blvd, Hampton, VA 23669
      View Details
    • Contact for pricing
      5,850 SF

      Hampton Office Space For Rent

      Office space for rent near Downtown Hampton and I-64.
      101 N Armistead Ave, Hampton, VA 23669
      View Details
    • $17 SF/Yr
      3,750 SF

      Retail Space on Mercury Boulevard

      Retail space available for lease on West Mercury Boulevard.
      2306-2330 W Mercury Blvd, Hampton, VA 23669
      View Details
    • Contact for pricing
      2,266 SF

      Restaurant Ready Retail Space

      2,266 SF restaurant-ready space with built-in clientele.
      27 S King St, Hampton, VA 23669
      View Details
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    112 Kings Way
    Hampton, VA 23669-3500
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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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