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Property profile & analytics
FOR LEASE
Industrial properties

2010 Exploration Way Hampton, VA 23666

31,400 SF 3.33 ac lot Built 2010
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-2571235
Property summary
AI-generated overview

This exceptional industrial property, the King Commerce Center, located at 2010 Exploration Way in Hampton, Virginia (zip code 23666), offers a prime opportunity for businesses seeking warehouse or distribution space. The building boasts a total of 32,500 square feet and is currently configured as a single-tenant building. However, there are two immediately available spaces, ranging from 1,850 to 3,700 square feet, representing a total of 3,700 square feet of vacant space. The building features desirable specifications including an 18-foot ceiling height, providing ample vertical storage capacity. Two dock-high doors ensure efficient loading and unloading operations. The property is zoned for Enterprise use, making it suitable for a wide range of industrial and distribution businesses. This location in Hampton, VA offers excellent access to major transportation arteries, facilitating seamless logistics and distribution. The property is ideal for businesses seeking flexible, high-quality warehouse space in a strategic location. Serious inquiries are encouraged to explore this exceptional leasing opportunity. Contact us today to schedule a viewing and discuss your specific needs.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2010
Construction TYPE NOT SPECIFIED
Total area 31,400 SF
Lot 3.33 ac (144,837 SF)
Zoning code 33 HRC-2 HAMPTON ROADS CE
APN 06K012 00 00000PCD6
UPID US87-2571235
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hakson Storage Units Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.76M
CAP Approach CAP
$3.17M
Comparable Approach Comparable
$3.34M
Blend (final) Blend
$3.61M
Owner & transaction history
Exploration Way LLC · 4 yrs held
Exploration Way LLC
since 2022
Last sale
$3.7M
2 recorded transactions
2022
$3.7M
2019
$2.4M
Zoning & alternative use
33 HRC-2 HAMPTON ROADS CE · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $5.8M +156.5%
Commercial (general) $4.0M +77.9%
Retail stores $3.1M +34.7%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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