Entity Owned 
For Sale
1 / 18
$2,825,000
1210 Merchant Ln, Hampton, VA 23666
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2008
Construction
TYPE NOT SPECIFIED
Total area
8,512 SF
Lot
0.48 ac (21,044 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
07F001 00 000B5
UPID
US87-2385840
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
-
Electronics & Wireless Store Mobile Phone Store
-
Computer & Electronic Repair Tech Support Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.83M
Owner & transaction history
since 2021
Last sale
$3.4M
1 recorded transaction
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VA
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.83M
Value range
$2.54M – $3.11M
±10% around blend
Estimated value / SF
$332 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$2.54M
blend $2.83M
$3.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,512 SF
Lot area
0.48 ac
Year built
2008
Stories
1
APN
07F001 00 000B5
Zoning
14 C-2 LIMITED COMMERCIAL
Assessed value
$3,372,000
Annual tax
$51,183
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$51,183
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.83M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
3.80%
Selected cap rate for this super regional malls
Derived from the Hampton market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.80%
9.0%
NOI (est.)
$125k *
Last sale · Nov 2021
$3.40M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.28M
Move the market yield to see immediate price impact.
Value / SF
$386
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
3.30%3.80%4.30%
$112k
$3.40M
$2.95M
$2.61M
$125k
$3.78M
$3.28M
$2.90M
$137k
$4.16M
$3.61M
$3.19M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$51,183
Tax year 2023
Assessed value
$3,372,000
Assessed 2024
Previous assessed
$3,372,000
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$526,000
Assessed improvement
$2,846,000
Land market value
$526,000
Improvement market value
$2,846,000
Total market value
$3,372,000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Sale
Year built
2008
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
8,512 SF
Lot
0.48 ac (21,044 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
07F001 00 000B5
UPID
US87-2385840
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
Building & site characteristics
From public records
Year built
2008
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.48 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.
Registration is required before the official district profile is shown.
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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.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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