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Property profile & analytics
FOR LEASE
Shopping centers
21 W Mercury Blvd Hampton, VA 23669
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US87-0412847
For Lease
1 / 2
$25 SF/Yr
21 W Mercury Blvd, Hampton, VA 23669
View Listing →
Property profile
Verified
Property type
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Year built
1968
Construction
TYPE NOT SPECIFIED
Total area
143,999 SF
Lot
13.64 ac (593,984 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
08C014 00 000000
UPID
US87-0412847
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
-
Food Lion Grocery & Convenience Store Food Market
-
Western Union Bank Credit Union
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Nationwide Money Services Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.10M
Owner & transaction history
Langley Square Associates LLC · 11 yrs held
Langley Square Associates LLC
since 2015
1 recorded transaction
Zoning & alternative use
13 C-1 NEIGHBORHOOD COMME · 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
$15 / SF
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
$173,390
Tax year 2023
Assessed value
$12,611,300
Assessed 2024
Previous assessed
$12,119,900
+4.1% YoY
Effective rate
1.37%
On assessed value
Assessed land
$3,563,900
Assessed improvement
$9,047,400
Land market value
$3,563,900
Improvement market value
$9,047,400
Total market value
$12,611,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Status
For Lease
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Rooms
1
Total area
143,999 SF
Lot
13.64 ac (593,984 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
08C014 00 000000
UPID
US87-0412847
Jurisdiction
HAMPTON CITY
Zoning & alternative use
13 C-1 NEIGHBORHOOD COMME · Hampton, VA
Zoning 13 C-1 NEIGHBORHOOD COMME · permitted uses
13 C-1 NEIGHBORHOOD COMME · 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
1968
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Lot
13.64 ac
Current owner
From public records · entity-resolved
Langley Square Associates LLC
Entity
Mailing address
PO BOX 922, VIRGINIA BEACH, VA 23451-0922
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2015
$335,000
Langley Square Associates LLC
Rita C Tucker
Warranty Deed
$320,000 · Private
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.
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?”
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