Technical
Financial
Distress signals
Property profile

24 Research Dr Hampton, VA 23666

OFF-MARKET
Industrial properties
Property ID
US87-3863233
11,468 SF 1.82 ac lot Built 1994
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1994
Total area 11,468 SF
Lot 1.82 ac (79,366 SF)
Zoning code 49 LBP - LANGLEY BUSINESS
APN 06M023 00 00000PCA
UPID US87-3863233

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

24 Research Dr Hampton, VA 23666-1325
Hampton metro Census 10314 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$920k
Blend (final) Blend
$625k

Owner & transaction history

since 2021
Last sale
$750,000
2 recorded transactions
2021
$750,000
2006
$852,560

Zoning & alternative use

49 LBP - LANGLEY BUSINESS · Hampton, VA
Top alternative use upside
Retail stores $1.1M +34.7%
Warehouse, storage $890,000 +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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