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Property profile & analytics
OFF-MARKET
Estimated value
$7,820,000
Assisted living facilities
2230 Executive Dr Hampton, VA 23666-2430
Entity Owned
5-yr Hold
Free & Clear
Property ID
US87-2349487
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
46,290 SF
Lot
6.66 ac (289,892 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
07G004A00 0000044B1
UPID
US87-2349487
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
-
Hampton Health and Rehab Nursing Home Rehabilitation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.82M
Owner & transaction history
Ohi Asset Va Hampton LLC · 5 yrs held
Ohi Asset Va Hampton LLC
since 2020
Last sale
$6.9M
1 recorded transaction
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · 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
Method
Estimation
Statistic approach
$8,800,000
ML approach
$8,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,885,000
Change: 0% · Conversion: Difficult
RESTAURANT
$5,310,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,855,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.82M
Range $7.04M – $8.60M · ±10% · vs last sale $6.88M (Nov 2 2020)
Last sale anchor
$6.88M
Nov 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$169 / 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
$83,988
Tax year 2023
Assessed value
$7,081,300
Assessed 2024
Previous assessed
$6,555,000
+8.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,101,700
Assessed improvement
$4,979,600
Land market value
$2,101,700
Improvement market value
$4,979,600
Total market value
$7,081,300
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Rooms
86
Total area
46,290 SF
Lot
6.66 ac (289,892 SF)
Zoning code
14 C-2 LIMITED COMMERCIAL
APN
07G004A00 0000044B1
UPID
US87-2349487
Jurisdiction
HAMPTON CITY
Zoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VA
Zoning 14 C-2 LIMITED COMMERCIAL · permitted uses
14 C-2 LIMITED COMMERCIAL · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$5.9M
RESTAURANT
Est. value
$5.3M
WAREHOUSE, STORAGE
Est. value
$4.9M
MEDICAL BUILDING
RESTAURANT
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Rooms
86
Lot
6.66 ac
Current owner
From public records · entity-resolved
Ohi Asset Va Hampton LLC
Entity
Free & Clear · 5 yrs held
Mailing address
303 INTERNATIONAL CIR STE #200, HUNT VALLEY, MD 21030-1359
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Nov 2, 2020
$6,880,000
Ohi Asset Va Hampton LLC
Sentara Life Care Corp
Special 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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