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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Hotels
700 Settlers Lndg Rd Hampton, VA 23669-4035
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3906683
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1987
Construction
TYPE NOT SPECIFIED
Total area
133,467 SF
Lot
1.25 ac (54,624 SF)
Zoning code
29 DT-2 DOWNTOWN WATERFRO
APN
02J596 00 00000PC4
UPID
US87-3906683
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
-
The Landing at Hampton Marina, Tapestry Collection by Hilton Hotel & Motel
-
Customs House Marina Marina
-
Topsail Restaurant
-
LibertyX Bitcoin ATM Atm
-
Monroe Rooftop Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.58M
Owner & transaction history
Marina Hotel LLC A Virginia Limited · 9 yrs held
Marina Hotel LLC A Virginia Limited
since 2017
2 recorded transactions
Zoning & alternative use
29 DT-2 DOWNTOWN WATERFRO · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,275,000
Current use
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±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
$12 / 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
$110,476
Tax year 2023
Assessed value
$11,074,100
Assessed 2024
Previous assessed
$11,074,100
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,256,400
Assessed improvement
$9,817,700
Land market value
$1,256,400
Improvement market value
$9,817,700
Total market value
$11,074,100
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1987
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
9
Rooms
173
Total area
133,467 SF
Lot
1.25 ac (54,624 SF)
Zoning code
29 DT-2 DOWNTOWN WATERFRO
APN
02J596 00 00000PC4
UPID
US87-3906683
Jurisdiction
HAMPTON CITY
Zoning & alternative use
29 DT-2 DOWNTOWN WATERFRO · Hampton, VA
Zoning 29 DT-2 DOWNTOWN WATERFRO · permitted uses
29 DT-2 DOWNTOWN WATERFRO · 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
HOTEL/MOTEL Current
Est. value
$2.3M
HOTEL/MOTEL Current
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
1987
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
9
Rooms
173
Lot
1.25 ac
Current owner
From public records · entity-resolved
Marina Hotel LLC A Virginia Limited
Entity
Mailing address
425 WATER ST, PORTSMOUTH, VA 23704-3801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Feb 8, 2017
$4,550,000
Marina Hotel LLC A Virginia Limited
Hampton Hotel Associates LLC A Dela
Special Warranty Deed
$6,766,500 · Townebank
Oct 2, 2007
$1,000,000
Hpt Economic Dev Corp
Olde Hpt Hotel Assocs
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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