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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
3370 Commander Shepard Blvd Hampton, VA 23666-1785
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2617935
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Construction
WOOD
Total area
6,934 SF
Lot
1.64 ac (71,526 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
06R044 00 00000PCA
UPID
US87-2617935
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
-
Papa John's Pizza Restaurant
-
Brandon's Kitchen Restaurant
-
RACE COAST CITGO Gas Station
-
Bitstop Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$505k
Owner & transaction history
Prayosha Management LLC A Virginia · 9 yrs held
Prayosha Management LLC A Virginia
since 2016
3 recorded transactions
Zoning & alternative use
13 C-1 NEIGHBORHOOD COMME · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$795,000
+103.7%
Warehouse, storage
$725,000
+86.2%
Auto repair, garage
$675,000
+73.0%
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
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$390,000
Current use
RESTAURANT
$795,000
Change: +104% · Conversion: Difficult
WAREHOUSE, STORAGE
$725,000
Change: +86% · Conversion: Difficult
AUTO REPAIR, GARAGE
$675,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$655,000
Change: +68% · Conversion: Easy
RETAIL STORES
$450,000
Change: +15% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$335,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$73 / 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
$22,644
Tax year 2023
Assessed value
$1,658,400
Assessed 2024
Previous assessed
$1,658,400
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$457,800
Assessed improvement
$1,200,600
Land market value
$457,800
Improvement market value
$1,200,600
Total market value
$1,658,400
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
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
6,934 SF
Lot
1.64 ac (71,526 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
06R044 00 00000PCA
UPID
US87-2617935
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$390,000
RESTAURANT
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$655,000
RETAIL STORES
Est. value
$450,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$335,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Prayosha Management LLC A Virginia
Entity
Mailing address
109 RUSSELL LN, YORKTOWN, VA 23693-4625
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2016
$1,400,000
Prayosha Management LLC A Virginia
Ahadu Corporation A Virginia Corpor
Warranty Deed
$1,190,000 · Union Bank & Trust
Aug 17, 2015
$1,400,000
Ahadu Corporation
Lap Retail Holdings LLC
Warranty Deed
$1,150,000 · Branch Banking & Trust Company
May 15, 2014
$775,000
Lap Retail Holdings LLC
Mark D Mousouris
Trustees 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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