2201 Todds Ln Hampton, VA 23666-3146
This exceptional 1.44-acre commercial parcel, located at 2201 Todds Lane in Hampton, Virginia (zip code 23666), presents a unique investment opportunity. Priced at $550,000, this flat, mostly cleared lot boasts a C-2 zoning designation, opening doors to a variety of development possibilities. Permitted uses under the current zoning include multi-family residential, car wash, laundromat, medical or dental offices, and light vehicle repair. The property's strategic location within an Urban Enterprise Zone offers potential economic advantages. A significant benefit is the adjacent stormwater pond on the neighboring Zaxby's property, designed to accommodate development on this site. High traffic counts further enhance its appeal: West Mercury Boulevard sees 70,663 vehicles per day, and Interstate 64 (with 158,577 VPD) is approximately half a mile away. The land value is $8.77 per square foot. This prime location and flexible zoning make this property ideal for a diverse range of commercial ventures. Serious inquiries are encouraged to explore the full potential of this exceptional offering. The property is situated in Hampton County, Virginia. Latitude and longitude coordinates are 37.0398594, -76.4022231 respectively.
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Zaxby's Chicken Fingers & Buffalo Wings Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VAHampton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.