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Property profile & analytics
FOR SALE
Retail space
132 E Queen St, Hampton, VA 23669
Entity Owned
13-yr Hold
Free & Clear
Property ID
US87-0035952
For Sale
1 / 4
$2,650,000
132 E Queen St, Hampton, VA 23669
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1914
Construction
TYPE NOT SPECIFIED
Total area
16,389 SF
Lot
0.57 ac (24,829 SF)
Zoning code
28 DT-1 DOWNTOWN BUSINESS
APN
02J101 00 000000
UPID
US87-0035952
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Historic Post Office Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$890k
Blend (final)
Blend
$1.24M
Owner & transaction history
Ambika Hotel LLC · 13 yrs held
Ambika Hotel LLC
since 2013
4 recorded transactions
Zoning & alternative use
28 DT-1 DOWNTOWN BUSINESS · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,595,000
Current use
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,582
Tax year 2023
Assessed value
$904,700
Assessed 2024
Previous assessed
$904,700
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$260,700
Assessed improvement
$644,000
Land market value
$260,700
Improvement market value
$644,000
Total market value
$904,700
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1914
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Stories
2
Rooms
1
Total area
16,389 SF
Lot
0.57 ac (24,829 SF)
Zoning code
28 DT-1 DOWNTOWN BUSINESS
APN
02J101 00 000000
UPID
US87-0035952
Jurisdiction
HAMPTON CITY
Zoning & alternative use
28 DT-1 DOWNTOWN BUSINESS · Hampton, VA
Zoning 28 DT-1 DOWNTOWN BUSINESS · permitted uses
28 DT-1 DOWNTOWN BUSINESS · Hampton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1914
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
2
Rooms
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Ambika Hotel LLC
Entity
Free & Clear · 13 yrs held
Mailing address
132 E QUEEN ST, HAMPTON, VA 23669-4004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2016
—
The Postman LLC
—
Deed
related
$275,000 · The Old Point National Bank Of Phoebus
Mar 5, 2013
$300,000
Ambika Hotel LLC
Evans Bryant Plc Sub Tr
Trustees Deed
related
—
Jun 30, 2006
$1,375,000
Ambika Condo L L C
City Of Hampton Va
Warranty Deed
$1,200,000 · Bank Of The Commonwealth
Jun 29, 2006
$1,600,000
The City Of Hampton
Magy Arcsalad L L C
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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