Technical
Financial
Distress signals
Property profile

2 Mellen St Hampton, VA 23663

OFF-MARKET
Turn key restaurants
Property ID
US87-2282500
5,676 SF 0.1 ac lot Built 1882
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1882
Construction WOOD
Total area 5,676 SF
Lot 0.1 ac (4,356 SF)
Zoning code 46 PH-1 PHOEBUS URBAN COR
APN 12F252 01 00001
UPID US87-2282500

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2 Mellen St Hampton, VA 23663-1710
Hampton metro Census 11300 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Zoning & alternative use

46 PH-1 PHOEBUS URBAN COR · Hampton, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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