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    20 Mellen St Hampton, VA 23663-1710

    • Retail space
    • 7,188 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US87-0516412
    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

    • Historic Phoebus Clock / Tourist Attraction

    Property Details for 20 Mellen St

    Year built
    1892
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    7,188 SF
    Zone code
    46 PH-1 PHOEBUS URBAN COR
    Property type
    Retail space
    APN
    12F252 01 00000PCC
    APU
    12F2520100000PCC

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $285,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $270,000
      Mixed-Use
      $270,000
      Hospitality
      $235,000
      Educational
      $285,000
      Residential Income
      $235,000
      Energy
      $225,000
      Income-Based Land
      $310,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3222
    Latitude
    37.018
    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
    $3,346
    $85,000
    $182,400
    $267,400
    -
    $85,000
    $182,400
    $267,400

    Comparable in this City

    • Value Estimation
      $385,000
      4,212 SF

      554 Mercury Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,212 SF
      554 Mercury Blvd, Hampton, VA 23663-2229
      View Details
    • Value Estimation
      $280,000
      3,763 SF

      23 Mallory St

      RETAIL STORES (PERSONAL SERVICES) • 3,763 SF
      23 Mallory St, Hampton, VA 23663-1707
      View Details
    • Value Estimation
      $445,000
      3,304 SF

      36 Mallory St

      RETAIL STORES (PERSONAL SERVICES) • 3,304 SF
      36 Mallory St, Hampton, VA 23663-1744
      View Details
    • Value Estimation
      $215,000
      4,638 SF

      17 Mellen St

      RETAIL STORES (PERSONAL SERVICES) • 4,638 SF
      17 Mellen St, Hampton, VA 23663-1709
      View Details
    • Value Estimation
      $250,000
      1,122 SF

      339 Mercury Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,122 SF
      339 Mercury Blvd, Hampton, VA 23663-2140
      View Details
    • Value Estimation by Request
      0.17 Acres

      1956 Pembroke Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      1956 Pembroke Ave, Hampton, VA 23663-1326
      View Details

    Similar Nearby for Sale

    • $450,000
      4,638 SF

      Historic Phoebus Storefront Retail Space

      Prime Hampton location, 4,638 sq ft, $450,000
      17 Mellen St, Hampton, VA 23663
      View Details
    • $350,000
      9.16 Acres

      Prime Hampton Commercial Land

      9.16 Acres, C-2 Zoning, $350K
      21 Libby St, Hampton, VA 23663
      View Details
    • $65,000
      0.20 Acres

      Residential Lot in Phoebus

      Single-family building lot near downtown Phoebus, close to amenities.
      217 Downes St, Hampton, VA 23663
      View Details
    • Contact for pricing
      4,284 SF

      Historic Hampton Office Building Investment

      Fully leased 4,284 SF office building in Hampton, VA.
      19-21 E Mellen St, Hampton, VA 23663
      View Details
    • $625,000
      0.75 Acres

      Hampton Commercial Land Opportunity

      Prime .75-acre lot, ideal for development.
      4 Mallory St, Hampton, VA 23663
      View Details
    • $1,200,000
      6.06 Acres

      Hampton 6+ Acre Development Opportunity

      Prime Hampton land, 20+ lot potential, no flood insurance.
      1954 Long Green Ln, Hampton, VA 23663
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      1,000 SF

      Retail Space in Hampton, VA

      Prime retail location with flexible lease terms available.
      15 E Mellen St, Hampton, VA 23663
      View Details
    • Contact for pricing
      4,214 SF

      Retail Space in Historic Phoebus

      Retail space near restaurants, parks, Hampton University, and Fort Monroe.
      1 N Mallory St, Hampton, VA 23663
      View Details
    • Contact for pricing
      60,000 SF

      Retail Space on Mercury Boulevard

      Large retail space available for rent on Mercury Boulevard.
      1050 W Mercury Blvd, Hampton, VA 23663
      View Details
    • Contact for pricing
      1,400 SF

      Historic Phoebus Retail Space

      Prime retail space in the heart of Phoebus' commercial district.
      14 E Mellen St, Hampton, VA 23663
      View Details
    • $10 SF/Yr
      1,000 SF

      Hampton Retail Space - Prime Location

      1,000 sq ft Single-Tenant Retail Space
      1521 Pembroke Ave, Hampton, VA 23663
      View Details
    • $14 SF/Yr
      4,000 SF

      Retail Space in Hampton Center

      75,500 SF shopping center in populated Fox Hills area.
      2080-2098 Nickerson Blvd, Hampton, VA 23663
      View Details
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    20 Mellen St
    Hampton, VA 23663-1710
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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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