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    Property profile & analytics

    2001 Armistead Ave Hampton, VA 23666-3402

    • Retail space
    • 6,975 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $2,185,000
    Last Sale
    Oct 23, 2023
    $2,350,000
    Location Intelligence
    Property ID
    US87-1244353
    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

    • Mattress Warehouse of Hampton / Mattress Store / Bedroom Furniture Store

    Property Details for 2001 Armistead Ave

    Year built
    2023
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.97 lot acres
    Property size
    6,975 SF
    Zone code
    13 C-1 NEIGHBORHOOD COMME
    Property type
    Retail space
    APN
    07E018 00 0000DF1A
    APU
    07E018000000DF1A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,500,000
      6.5%
      $2,355,000
      7%
      $2,205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,205,000
      Geo Method
      $2,510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,225,000
      Retail
      $2,275,000
      Mixed-Use
      $2,115,000
      Hospitality
      $1,980,000
      Educational
      $2,160,000
      Residential Income
      $2,660,000
      Energy
      $2,415,000
      Income-Based Land
      $2,120,000
      Food Service
      $2,525,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3777
    Latitude
    37.0448
    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
    $20,610
    $761,700
    $1,265,300
    $2,027,000
    -
    $761,700
    $1,265,300
    $2,027,000

    Comparable in this City

    • Value Estimation by Request
      8,656 SF

      4104 Mercury Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,656 SF
      4104 Mercury Blvd, Hampton, VA 23666-3728
      View Details
    • Value Estimation by Request
      14,445 SF

      2026 Coliseum Dr

      RETAIL STORES (PERSONAL SERVICES) • 14,445 SF
      2026 Coliseum Dr, Hampton, VA 23666-3202
      View Details
    • Value Estimation by Request
      10,816 SF

      2400 Mercury Blvd

      RETAIL STORES (PERSONAL SERVICES) • 10,816 SF
      2400 Mercury Blvd, Hampton, VA 23666-3102
      View Details
    • Value Estimation
      $275,000
      3,800 SF

      3008 Mercury Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,800 SF
      3008 Mercury Blvd, Hampton, VA 23666-3931
      View Details
    • Value Estimation
      $260,000
      4,370 SF

      3420 Mercury Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,370 SF
      3420 Mercury Blvd, Hampton, VA 23666-3705
      View Details
    • Value Estimation
      $330,000
      2,748 SF

      2200 Todds Ln

      RETAIL STORES (PERSONAL SERVICES) • 2,748 SF
      2200 Todds Ln, Hampton, VA 23666-3140
      View Details

    Similar Nearby for Sale

    • $475,000
      3,599 SF

      Freestanding Retail/Office Building on Mercury

      Freestanding retail/office building on Mercury Boulevard in Hampton, Virginia.
      2703 W Mercury Blvd, Hampton, VA 23666
      View Details
    • $2,500,000
      11,217 SF

      Hampton Retail Property: Prime Location

      11,217 SF Vacant Retail Building, High Traffic
      4813 Mercury Blvd, Hampton, VA 23666
      View Details
    • $1,500,000
      11,000 SF

      Retail Strip Center For Sale

      Freestanding retail strip center with high frontage and exposure.
      1928 N Armistead Ave, Hampton, VA 23666
      View Details
    • $640,000
      1 SF

      Prime Commercial Land in Hampton

      Thriving commercial district location near Peninsula Town Center and Hampton Roads.
      2601 Cunningham Dr, Hampton, VA 23666
      View Details
    • New
      $90,000
      5.80 Acres

      Hampton Waterfront Estate Size Lot

      Approximately 5.8 acres in Pelican Shores on Back River.
      99 Pelican Shores Dr, Hampton, VA 23666
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      3.26 Acres

      Hampton Commercial Land - Prime Location

      3.26 Acres, C-2 Zoning, High Traffic
      0 Campus Pkwy, Hampton, VA 23666
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      11,217 SF

      Hampton Retail Opportunity

      Former Rite-Aid, 11,217 SF, 1.8 Acres
      4813 Mercury Blvd, Hampton, VA 23666
      View Details
    • Contact for pricing
      2,888 SF

      Retail Space in Peninsula Town

      Retail space for lease in Hampton's Peninsula Town Center.
      3961-3985 Kilgore Ave, Hampton, VA 23666
      View Details
    • $35 SF/Yr
      6,000 SF

      Retail Space Near Interstate 64

      Retail space available in Hampton, Virginia near Interstate 64.
      1072 W Mercury Blvd, Hampton, VA 23666
      View Details
    • Contact for pricing
      3,450 SF

      Retail Space in Power Plant

      Retail space available in shopping and entertainment district.
      1930 Power Plant Pkwy, Hampton, VA 23666
      View Details
    • $12 SF/Yr
      3,846 SF

      Hampton Retail Space Available

      Retail space available for lease in Hampton, Virginia.
      3301-3319 W Mercury Blvd, Hampton, VA 23666
      View Details
    • Contact for pricing

      Retail Space in Peninsula Town

      Retail space available in high-traffic Peninsula Town Center.
      3985 Kilgore Ave, Hampton, VA 23666
      View Details
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    Hampton, VA 23666-3402
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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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