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Property profile & analytics
OFF-MARKET
Retail space
202 Mellen St Hampton, VA 23663-1714
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-2347709
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1907
Construction
WOOD
Total area
1,830 SF
Lot
0.1 ac (4,440 SF)
Zoning code
47 PH-2 PHOEBUS TOWN DIST
APN
12F038 00 00000
UPID
US87-2347709
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
202 E Mellen LLC · 7 yrs held
202 E Mellen LLC
since 2019
2 recorded transactions
Zoning & alternative use
47 PH-2 PHOEBUS TOWN DIST · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,360
Tax year 2023
Assessed value
$105,000
Assessed 2024
Previous assessed
$105,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$44,400
Assessed improvement
$60,600
Land market value
$44,400
Improvement market value
$60,600
Total market value
$105,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1907
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
2
Total area
1,830 SF
Lot
0.1 ac (4,440 SF)
Zoning code
47 PH-2 PHOEBUS TOWN DIST
APN
12F038 00 00000
UPID
US87-2347709
Jurisdiction
HAMPTON CITY
Zoning & alternative use
47 PH-2 PHOEBUS TOWN DIST · Hampton, VA
Zoning 47 PH-2 PHOEBUS TOWN DIST · permitted uses
47 PH-2 PHOEBUS TOWN DIST · Hampton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
202 E Mellen LLC
Entity
Free & Clear · 7 yrs held
Mailing address
110 COLISEUM XING #152, HAMPTON, VA 23666-5971
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2019
—
202 E Mellen LLC
Scott Sewell
Special Warranty Deed
—
Feb 1, 2019
$48,500
Scott Sewell
Allene M Zareo
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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