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Property profile & analytics
OFF-MARKET
Estimated value
$7,450,000
Grocery and convenience stores
227 Fox Hl Rd Ste A1 Hampton, VA 23669-1739
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-2282499
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2001
Construction
TYPE NOT SPECIFIED
Total area
43,404 SF
Lot
26.97 ac (1,174,813 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
08L007 00 000000
UPID
US87-2282499
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
-
Capri Pizza & Italian Restaurant Restaurant
-
Natural Nails & Skincare Hair Salon Nail Salon
-
Citizens ATM Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Harris Teeter Fuel Center Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.00M
Comparable Approach
Comparable
$6.22M
Blend (final)
Blend
$7.45M
Owner & transaction history
WILLOW OAKS ASSOCIATES LLC
WILLOW OAKS ASSOCIATES LLC
Zoning & alternative use
13 C-1 NEIGHBORHOOD COMME · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.1M
+90.3%
Commercial (general)
$5.6M
+32.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,575,000
6.5%
$6,995,000
7%
$6,495,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,050,000
Change: +90% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,585,000
Change: +32% · Conversion: Easy
Blend value · Realmo final
$7.45M
Range $6.71M – $8.20M · ±10%
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
$172 / 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
$181,472
Tax year 2023
Assessed value
$10,993,700
Assessed 2024
Previous assessed
$10,993,700
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$5,632,300
Assessed improvement
$5,361,400
Land market value
$5,632,300
Improvement market value
$5,361,400
Total market value
$10,993,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2001
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
11
Stories
1
Rooms
1
Total area
43,404 SF
Lot
26.97 ac (1,174,813 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
08L007 00 000000
UPID
US87-2282499
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$5.6M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2001
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
11
Rooms
1
Lot
26.97 ac
Current owner
From public records · entity-resolved
WILLOW OAKS ASSOCIATES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
9710 TRAVILLE GTWY DR #108, ROCKVILLE, MD 20850-7408
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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