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    Property profile & analytics

    2703 Mercury Blvd Hampton, VA 23666-3107

    • Office Properties & Spaces
    • 3,599 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US87-0487973
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Allstate Personal Financial Representative: John Maxey / Insurance Agency / Life Insurance Agency

    Property Details for 2703 Mercury Blvd

    Year built
    1963
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.32 lot acres
    Property size
    3,599 SF
    Zone code
    14 C-2 LIMITED COMMERCIAL
    Property type
    Office Properties & Spaces
    APN
    03L001 02 00028PT
    APU
    03L0010200028PT

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $375,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $280,000
      Mixed-Use
      $365,000
      Hospitality
      $320,000
      Educational
      $380,000
      Residential Income
      $295,000
      Energy
      $295,000
      Income-Based Land
      $360,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.4124
    Latitude
    37.0348
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,642
    $210,700
    $128,300
    $339,000
    -
    $210,700
    $128,300
    $339,000

    Comparable in this City

    • Value Estimation by Request
      841 SF

      4000 Mercury Blvd, Unit U3

      OFFICE (GENERAL) • 841 SF
      4000 Mercury Blvd, Hampton, VA 23666-3700
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    • Value Estimation by Request
      79,497 SF

      22 Enterprise Pkwy

      OFFICE (GENERAL) • 79,497 SF
      22 Enterprise Pkwy, Hampton, VA 23666-5844
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    • Value Estimation by Request
      95,134 SF

      3460 Von Schilling Dr

      OFFICE (GENERAL) • 95,134 SF
      3460 Von Schilling Dr, Hampton, VA 23666-2066
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    • Value Estimation by Request
      6,826 SF

      1606 Aberdeen Rd

      OFFICE (GENERAL) • 6,826 SF
      1606 Aberdeen Rd, Hampton, VA 23666-3117
      View Details
    • Value Estimation by Request
      65,149 SF

      1 Enterprise Pkwy

      OFFICE (GENERAL) • 65,149 SF
      1 Enterprise Pkwy, Hampton, VA 23666-5845
      View Details
    • Value Estimation by Request
      96,446 SF

      400 Butler Farm Rd

      OFFICE (GENERAL) • 96,446 SF
      400 Butler Farm Rd, Hampton, VA 23666-1577
      View Details

    Similar Nearby for Sale

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    • $2,500,000
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      Hampton Retail Property: Prime Location

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    Similar Nearby for Lease

    • $18 SF/Yr
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      Prime Executive Office Suites Available Now
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      Prime Hampton Office Space Available
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    • $22 SF/Yr
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      Hampton Executive Office Suites

      Prestigious Hampton office space, flexible options
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    • Contact for pricing
      16,658 SF

      Hampton Office Space for Lease

      Office space with generator, fiber internet, and convenient location.
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      View Details
    • $17 SF/Yr
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      Hampton Office Space For Rent

      Office space available for lease in Hampton, Virginia.
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      View Details
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    Hampton, VA 23666-3107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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