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Property profile & analytics
OFF-MARKET
Medical Office Space

2200 Executive Dr Ste A Hampton, VA 23666-2582

2,004 SF Built 1982
Individually Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US87-3855592
Property summary
AI-generated overview

This exceptional commercial property at 2200 Executive Drive, Hampton, VA, presents a unique investment opportunity. The 3,000 square foot office space is situated on a 0.05-acre lot and is currently configured as a thriving medical practice, boasting a substantial patient base cultivated over 25 years. The building itself is available for separate purchase at $250,000, offering flexibility for potential buyers. The office space features a spacious reception area, perfect for welcoming clients and patients, along with three bathrooms and a fully equipped kitchen, ensuring convenience and comfort. The layout includes eight or more individual rooms, providing ample space for various office functions, management, and potential expansion. The high traffic location in Hampton, VA, ensures excellent visibility and accessibility. This property is ideal for a variety of businesses seeking a well-established, spacious, and conveniently located office environment. The existing medical practice infrastructure offers a seamless transition for similar businesses, while the adaptable layout allows for diverse uses. This is a rare opportunity to acquire a turnkey office space with significant potential for growth and return on investment. The separate purchase option for the building provides additional flexibility and control for the discerning investor. Don't miss this chance to secure a prime commercial property in a desirable Hampton location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Construction WOOD
Total area 2,004 SF
Zoning code 14 C-2 LIMITED COMMERCIAL
APN 07G003B00 000001A
UPID US87-3855592
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
  • TAI KIM LAC Alternative Medicine Practice Acupuncture
  • David Kim Acupuncture Physician
  • Martha Overmeyer Physician
  • Dr. Vickie C. Motley, MD Pediatrician Medical Clinic
  • ABC Pediatrics Pediatrician Medical Clinic
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
William Becker · 21 yrs held
William Becker
since 2005
1 recorded transaction
2005
$220,000
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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