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Property profile & analytics
OFF-MARKET
Retail space
47 Queens Way Hampton, VA 23669-4092
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-2603602
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
WOOD
Total area
18,313 SF
Lot
0.32 ac (13,752 SF)
Zoning code
28 DT-1 DOWNTOWN BUSINESS
APN
02J149 00 00000PCA
UPID
US87-2603602
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
-
Graphic Memory Internet Services, Inc. Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Seven Cities Dance Studio Training Center
-
THE LAB RECORDING STUDIO Recording Studio
-
Realistic Holistic (Bike/Boat/Book/etc) Store Specialty Food Shop
-
Mint Julep Antiques & Art Home Decor Store Furniture & Home Goods
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
Bensam Group INC · 5 yrs held
Bensam Group INC
since 2020
Last sale
$250,000
5 recorded transactions
Zoning & alternative use
28 DT-1 DOWNTOWN BUSINESS · 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
$5,589
Tax year 2023
Assessed value
$360,000
Assessed 2024
Previous assessed
$348,300
+3.4% YoY
Effective rate
1.55%
On assessed value
Assessed land
$151,200
Assessed improvement
$208,800
Land market value
$151,200
Improvement market value
$208,800
Total market value
$360,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Rooms
1
Total area
18,313 SF
Lot
0.32 ac (13,752 SF)
Zoning code
28 DT-1 DOWNTOWN BUSINESS
APN
02J149 00 00000PCA
UPID
US87-2603602
Jurisdiction
HAMPTON CITY
Zoning & alternative use
28 DT-1 DOWNTOWN BUSINESS · Hampton, VA
Zoning 28 DT-1 DOWNTOWN BUSINESS · permitted uses
28 DT-1 DOWNTOWN BUSINESS · 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
1940
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Rooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Bensam Group INC
Entity
Mailing address
47 E QUEENS WAY, HAMPTON, VA 23669-4092
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2024
—
Bensam Group INC
—
Deed
related
$900,000 · Abnb Federal Credit Union
Oct 13, 2020
$250,000
Bensam Group INC
Klms LLC
Warranty Deed
$200,000 · Sonabank
Apr 30, 2019
$336,000
Bensam Group LLC
A Fishman Building LLC
Warranty Deed
$252,000 · Vcc Bank
Apr 23, 2019
$10,000
A Fishman Building LLC
Deborah K Bennett
Special Warranty Deed
—
Apr 2, 2019
—
A Fishman Building LLC
David C Rosser III
Special Warranty Deed
—
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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