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    Property profile & analytics

    2010 Exploration Way Hampton, VA 23666

    • Industrial properties
    • 31,400 SF
    • 3.33 lot acres
    For Lease
    View listing
    $9 SF/Yr
    Value Estimation
    $3,970,000
    Last Sale
    Apr 28, 2022
    $3,700,000
    Location Intelligence
    Property ID
    US87-2571235
    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

    • Hakson Storage Units / Storage Facility

    Property Details for 2010 Exploration Way

    Year built
    2010
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.33 lot acres
    Property size
    31,400 SF
    Zone code
    33 HRC-2 HAMPTON ROADS CE
    Property type
    Industrial properties
    APN
    06K012 00 00000PCD6
    APU
    06K0120000000PCD6

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,010,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,825,000
      6.5%
      $3,985,000
      7%
      $3,545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,170,000
      Geo Method
      $3,855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,565,000
      Retail
      $3,540,000
      Mixed-Use
      $4,060,000
      Hospitality
      $3,430,000
      Educational
      $3,885,000
      Residential Income
      $3,730,000
      Energy
      $3,725,000
      Income-Based Land
      $4,270,000
      Food Service
      $3,725,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.4027
    Latitude
    37.084
    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
    $44,884
    $299,800
    $3,112,400
    $3,412,200
    -
    $299,800
    $3,112,400
    $3,412,200

    Comparable in this City

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    • Value Estimation by Request
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      63 Wythe Crk Rd

      INDUSTRIAL (GENERAL) • 28,879 SF
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    2010 Exploration Way
    Hampton, VA 23666
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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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