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Property profile & analytics
OFF-MARKET
Retail space
27 Mellen St Hampton, VA 23663-1709
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0285635
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Construction
WOOD
Total area
480 SF
Lot
0.09 ac (3,781 SF)
Zoning code
46 PH-1 PHOEBUS URBAN COR
APN
12F247 00 000000
UPID
US87-0285635
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
-
Doggie In The Window Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William A Spallina · 3 yrs held
William A Spallina
since 2023
2 recorded transactions
Zoning & alternative use
46 PH-1 PHOEBUS URBAN COR · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,435
Tax year 2023
Assessed value
$204,600
Assessed 2024
Previous assessed
$197,700
+3.5% YoY
Effective rate
1.19%
On assessed value
Assessed land
$49,100
Assessed improvement
$155,500
Land market value
$49,100
Improvement market value
$155,500
Total market value
$204,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1927
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
480 SF
Lot
0.09 ac (3,781 SF)
Zoning code
46 PH-1 PHOEBUS URBAN COR
APN
12F247 00 000000
UPID
US87-0285635
Jurisdiction
HAMPTON CITY
Zoning & alternative use
46 PH-1 PHOEBUS URBAN COR · Hampton, VA
Zoning 46 PH-1 PHOEBUS URBAN COR · permitted uses
46 PH-1 PHOEBUS URBAN COR · 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.
Building & site characteristics
From public records
Year built
1927
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
1
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
William A Spallina
Individual
Free & Clear · 3 yrs held
Mailing address
128 MEREDITH ST, HAMPTON, VA 23669-4133
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
—
William A Spallina
Wsg Properties LLC
Gift Deed
related
—
Apr 11, 2022
—
Wgs Properties LLC
William A Spallina
Gift Deed
related
—
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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