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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Warehouses
1806 Pembroke Ave Hampton, VA 23661-1905
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-2311866
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1957
Construction
TYPE NOT SPECIFIED
Total area
3,239 SF
Lot
1.74 ac (75,751 SF)
Zoning code
32 M-2 LIGHT MANUFACTURIN
APN
01F010 00 00000
UPID
US87-2311866
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
-
D & A Express Llc Trucking Company
-
Viking Transport Data Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$395k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Pembroke Warehouse LLC · 3 yrs held
Pembroke Warehouse LLC
since 2022
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
32 M-2 LIGHT MANUFACTURIN · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$600,000
+197.6%
Commercial (general)
$415,000
+106.4%
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
$650,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$430,000
6.5%
$395,000
7%
$370,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$600,000
Change: +198% · Conversion: Easy
COMMERCIAL (GENERAL)
$415,000
Change: +106% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $600k (Sep 20 2022)
Last sale anchor
$600k
Sep 20 2022
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
$187 / 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
$6,019
Tax year 2023
Assessed value
$408,600
Assessed 2024
Previous assessed
$384,300
+6.3% YoY
Effective rate
1.47%
On assessed value
Assessed land
$187,500
Assessed improvement
$221,100
Land market value
$187,500
Improvement market value
$221,100
Total market value
$408,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1957
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Rooms
1
Total area
3,239 SF
Lot
1.74 ac (75,751 SF)
Zoning code
32 M-2 LIGHT MANUFACTURIN
APN
01F010 00 00000
UPID
US87-2311866
Jurisdiction
HAMPTON CITY
Zoning & alternative use
32 M-2 LIGHT MANUFACTURIN · Hampton, VA
Zoning 32 M-2 LIGHT MANUFACTURIN · permitted uses
32 M-2 LIGHT MANUFACTURIN · 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
AUTO REPAIR, GARAGE
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$415,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1957
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
1.74 ac
Current owner
From public records · entity-resolved
Pembroke Warehouse LLC
Entity
Mailing address
1806 W PEMBROKE AVE, HAMPTON, VA 23661-1905
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
$600,000
Pembroke Warehouse LLC
1806 W Pembroke LLC
Warranty Deed
$500,000 · Party III
Aug 1, 2006
$225,000
Magnus Bjornby
Louise N Lohmeyer Rile
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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