1934 Coliseum Dr Hampton, VA 23666-4235
This exceptional 6,936 square foot retail property, situated on a one-acre lot at 1934 Coliseum Drive in Hampton, Virginia (zip code 23666), presents a compelling investment opportunity. Priced at $995,000 ($143.45 per square foot), this commercial space boasts an impressive 65 parking spaces (a ratio of 9.4 per 1,000 square feet), ensuring ample customer convenience. The property benefits from a highly visible location with 212 feet of frontage on Coliseum Drive, offering excellent exposure to the substantial traffic volume of over 61,000 vehicles per day on I-64 and over 43,000 vehicles per day on Coliseum Drive and Mercury Boulevard. Its strategic position in the Coliseum Central submarket places it in close proximity to the Hampton Coliseum and Convention Center, further enhancing its appeal. An exclusive pylon sign is also available, providing additional marketing opportunities. This property offers significant redevelopment potential for discerning investors seeking a prime retail location with exceptional visibility and accessibility. Direct access to and from I-64 ensures easy access for customers and employees alike. The property's location across from Peninsula Town Center further solidifies its position within a thriving commercial area.
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The Hamptons Seafood Lounge Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VAHampton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.