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Property profile & analytics
OFF-MARKET Estimated value $540,000
Drive through restaurants

2201 Todds Ln Hampton, VA 23666-3146

4,164 SF 3.13 ac lot Built 2013
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US87-3170655
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2013
Construction WOOD
Total area 4,164 SF
Lot 3.13 ac (136,212 SF)
Zoning code 14 C-2 LIMITED COMMERCIAL
APN 04E010 00 000000
UPID US87-3170655
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
  • Zaxby's Chicken Fingers & Buffalo Wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$614k
Blend (final) Blend
$540k
Owner & transaction history
Lily Investments LLC · 3 yrs held
Lily Investments LLC
since 2023
4 recorded transactions
2026
Price N/A
2023
Price N/A
2014
$2.5M
2012
$1.1M
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $530,000 +10.8%
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