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Property profile & analytics
OFF-MARKET
Estimated value
$2,945,000
Office Spaces
144 Research Dr Hampton, VA 23666-1339
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US87-0779613
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Construction
TYPE NOT SPECIFIED
Total area
29,525 SF
Lot
4.13 ac (180,077 SF)
Zoning code
49 LBP - LANGLEY BUSINESS
APN
06M052 00 0000PC14
UPID
US87-0779613
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
-
Registrar Corp Consultant International Trade Consultant
-
FDA Agents Shipping Company Freight Service
-
SIMCO Electronics - Calibration Lab - Hampton Roads Business To Business Service
-
CNC Services Industrial Manufacturer Factory
-
Contact Direct Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.19M
Blend (final)
Blend
$2.95M
Owner & transaction history
Crossroads Associates LLC · 6 yrs held
Crossroads Associates LLC
since 2020
Last sale
$2.7M
3 recorded transactions
Zoning & alternative use
49 LBP - LANGLEY 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
$3,390,000
ML approach
$3,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,800,000
Current use
Blend value · Realmo final
$2.95M
Range $2.65M – $3.24M · ±10% · vs last sale $2.65M (May 8 2020)
Last sale anchor
$2.65M
May 8 2020
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
$100 / 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
$32,089
Tax year 2023
Assessed value
$2,227,800
Assessed 2024
Previous assessed
$2,227,800
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$342,100
Assessed improvement
$1,885,700
Land market value
$342,100
Improvement market value
$1,885,700
Total market value
$2,227,800
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1990
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Rooms
1
Total area
29,525 SF
Lot
4.13 ac (180,077 SF)
Zoning code
49 LBP - LANGLEY BUSINESS
APN
06M052 00 0000PC14
UPID
US87-0779613
Jurisdiction
HAMPTON CITY
Zoning & alternative use
49 LBP - LANGLEY BUSINESS · Hampton, VA
Zoning 49 LBP - LANGLEY BUSINESS · permitted uses
49 LBP - LANGLEY 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
COMMERCIAL (GENERAL) Current
Est. value
$3.8M
COMMERCIAL (GENERAL) 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
1990
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
4.13 ac
Current owner
From public records · entity-resolved
Crossroads Associates LLC
Entity
Mailing address
PO BOX 4991, MARTINSVILLE, VA 24115-4991
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2020
$2,650,000
Crossroads Associates LLC
144 Research LLC
Special Warranty Deed
$1,987,500 · Carter Bank & Trust
Dec 28, 2018
—
144 Research LLC
—
Deed
related
$600,000 · Suntrust Bank
Aug 1, 2014
$900,000
144 Research LLC
Continental Research Assoc LP
Warranty Deed
$990,000 · Suntrust Bank
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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