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    Property profile & analytics

    1210 Merchant Ln Hampton, VA 23666-2167

    • Super regional malls
    • 8,512 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $3,215,000
    Last Sale
    Nov 22, 2021
    $3,400,000
    Location Intelligence
    Property ID
    US87-2385840
    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

    • Cell Fashion Phone Repair / Cell Phone Accessory Store / Mobile Phone Repair Shop
    • I Fix VA / Mobile Phone Repair Shop / Cell Phone Store

    Property Details for 1210 Merchant Ln

    Year built
    2008
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.48 lot acres
    Property size
    8,512 SF
    Zone code
    14 C-2 LIMITED COMMERCIAL
    Property type
    Super regional malls
    APN
    07F001 00 000B5
    APU
    07F00100000B5

    Description

    This exceptional retail space, located at 1210-1260 Merchant Lane in Hampton, Virginia, presents a unique leasing opportunity. The property is situated in Hampton County, zip code 23666, and offers a total building size of 11,912 square feet. Currently available is a single-tenant space of 1,297 square feet, previously occupied as a hair salon. This provides a ready-to-occupy space with existing infrastructure, ideal for a variety of retail businesses. The property's location in Hampton offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. The address is 1210-1260 Merchant Lane, Hampton, VA 23666. The property's geographic coordinates are latitude 37.0451085 and longitude -76.3925538. This single-tenant space is available for lease and presents a compelling opportunity for businesses seeking a well-located and established retail space in Hampton, Virginia. The property type is retail, and the former use was a hair salon. Serious inquiries are encouraged to explore this promising retail space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,825,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,790,000
      6.5%
      $3,300,000
      7%
      $3,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,840,000
      Geo Method
      $3,525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,365,000
      Retail
      $3,940,000
      Mixed-Use
      $2,990,000
      Hospitality
      $3,350,000
      Educational
      $3,355,000
      Residential Income
      $2,930,000
      Energy
      $3,625,000
      Income-Based Land
      $3,930,000
      Food Service
      $3,995,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3921
    Latitude
    37.0452
    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
    $51,183
    $526,000
    $2,846,000
    $3,372,000
    -
    $526,000
    $2,846,000
    $3,372,000

    Comparable in this City

    • Value Estimation
      $1,755,000
      27,737 SF

      1619 Merchant Ln

      REGIONAL SHOPPING CENTER, MALL • 27,737 SF
      1619 Merchant Ln, Hampton, VA 23666
      View Details
    • Value Estimation
      $12,800,000
      13,275 SF

      Mercury Blvd

      REGIONAL SHOPPING CENTER, MALL • 13,275 SF
      Mercury Blvd, Hampton, VA 23666
      View Details
    • Value Estimation by Request
      86,201 SF

      3460 Von Schilling Dr

      REGIONAL SHOPPING CENTER, MALL • 86,201 SF
      3460 Von Schilling Dr, Hampton, VA 23666-2066
      View Details
    • Value Estimation by Request
      21,417 SF

      Claiborne Sq

      REGIONAL SHOPPING CENTER, MALL • 21,417 SF
      Claiborne Sq, Hampton, VA 23666
      View Details
    • Value Estimation by Request
      120,280 SF

      Von Schilling Dr

      REGIONAL SHOPPING CENTER, MALL • 120,280 SF
      Von Schilling Dr, Hampton, VA 23666
      View Details
    • Value Estimation
      $2,055,000
      9,293 SF

      Allainby Way

      REGIONAL SHOPPING CENTER, MALL • 9,293 SF
      Allainby Way, Hampton, VA 23666
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

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      Retail Space in Hampton Center

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      Retail Space in Peninsula Town

      Retail space available in Hampton's Peninsula Town Center.
      1210-1260 Merchant Ln, Hampton, VA 23666
      View Details
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    1210 Merchant Ln
    Hampton, VA 23666-2167
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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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