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    Property profile & analytics

    185 Mercury Blvd Hampton, VA 23669-2461

    • Warehouses
    • 14,000 SF
    • 2.25 lot acres
    OFF-MARKET
    Value Estimation
    $6,715,000
    Last Sale
    Apr 22, 2022
    $6,472,800
    Location Intelligence
    Property ID
    US87-2618633
    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

    • Storage Depot / Self-Storage Facility / Storage Facility

    Property Details for 185 Mercury Blvd

    Year built
    1980
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.25 lot acres
    Property size
    14,000 SF
    Zone code
    15 C-3 GENERAL COMMERCIAL
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    12L029 00 000000
    APU
    12L02900000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,015,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,205,000
      6.5%
      $6,250,000
      7%
      $6,755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,995,000
      Geo Method
      $5,610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,150,000
      Retail
      $7,070,000
      Mixed-Use
      $5,785,000
      Hospitality
      $5,300,000
      Educational
      $6,385,000
      Residential Income
      $5,755,000
      Energy
      $7,220,000
      Income-Based Land
      $7,045,000
      Food Service
      $6,035,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.326
    Latitude
    37.0373
    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
    $58,604
    $416,500
    $4,446,700
    $4,863,200
    -
    $416,500
    $4,446,700
    $4,863,200

    Comparable in this City

    • Value Estimation by Request
      90,738 SF

      815 Lasalle Ave

      MINI-WAREHOUSE, STORAGE • 90,738 SF
      815 Lasalle Ave, Hampton, VA 23669-3816
      View Details
    • Value Estimation
      $11,715,000
      5,695 SF

      15 Marina Rd

      MINI-WAREHOUSE, STORAGE • 5,695 SF
      15 Marina Rd, Hampton, VA 23669-4548
      View Details
    • Value Estimation by Request
      144 SF

      1501 Bethel Ave

      MINI-WAREHOUSE, STORAGE • 144 SF
      1501 Bethel Ave, Hampton, VA 23669
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    • Value Estimation by Request
      2,200 SF

      1213 King St

      MINI-WAREHOUSE, STORAGE • 2,200 SF
      1213 King St, Hampton, VA 23669-2276
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    • Value Estimation by Request
      4,393 SF

      515 Brg St

      MINI-WAREHOUSE, STORAGE • 4,393 SF
      515 Brg St, Hampton, VA 23669-4116
      View Details
    • Value Estimation
      $290,000
      4,341 SF

      4340 Kecoughtan Rd

      MINI-WAREHOUSE, STORAGE • 4,341 SF
      4340 Kecoughtan Rd, Hampton, VA 23669-4329
      View Details

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    Similar Nearby for Lease

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      Commercial/Industrial building with fenced lot and parking available for lease.
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      Prime retail space in historic downtown Hampton, Virginia.
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    • $15 SF/Yr
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      Retail Center - High-Traffic Location
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    • $15 SF/Yr
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      Retail Space Near Downtown Hampton

      Retail space available near Downtown Hampton and Hampton University.
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    • Contact for pricing
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      Restaurant Ready Retail Space

      2,266 SF restaurant-ready space with built-in clientele.
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    • $15 SF/Yr
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      Retail Space Available For Rent

      Retail space available for lease in Hampton, Virginia.
      225 Fox Hill Rd, Hampton, VA 23669
      View Details
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    185 Mercury Blvd
    Hampton, VA 23669-2461
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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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