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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Office Spaces
802 Pembroke Ave Hampton, VA 23669-3327
Entity Owned
1-yr Hold
Free & Clear
Property ID
US87-2327598
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1974
Construction
WOOD
Total area
4,140 SF
Lot
7.29 ac (317,422 SF)
Zoning code
17 M-3 HEAVY MANUFACTURIN
APN
02D015 00 0000PCA
UPID
US87-2327598
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
-
Interlock Paving Systems Inc General Contractor Construction Company
-
Pembroke Construction Construction Company
-
Pembroke Stone Mart Garden Center Hardware & Home Improvement
-
Westcon Pavers General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$860k
Owner & transaction history
Interlock Paving Systems INC · 1 yrs held
Interlock Paving Systems INC
since 2024
Last sale
$22,000
1 recorded transaction
Zoning & alternative use
17 M-3 HEAVY MANUFACTURIN · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$770,000
+44.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$535,000
Current use
AUTO REPAIR, GARAGE
$770,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $22k (Nov 19 2024)
Last sale anchor
$22k
Nov 19 2024
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
$208 / 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
$32,474
Tax year 2023
Assessed value
$1,914,400
Assessed 2024
Previous assessed
$1,624,600
+17.8% YoY
Effective rate
1.70%
On assessed value
Assessed land
$857,100
Assessed improvement
$1,057,300
Land market value
$857,100
Improvement market value
$1,057,300
Total market value
$1,914,400
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Rooms
1
Total area
4,140 SF
Lot
7.29 ac (317,422 SF)
Zoning code
17 M-3 HEAVY MANUFACTURIN
APN
02D015 00 0000PCA
UPID
US87-2327598
Jurisdiction
HAMPTON CITY
Zoning & alternative use
17 M-3 HEAVY MANUFACTURIN · Hampton, VA
Zoning 17 M-3 HEAVY MANUFACTURIN · permitted uses
17 M-3 HEAVY MANUFACTURIN · 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
COMMERCIAL (GENERAL) Current
Est. value
$535,000
AUTO REPAIR, GARAGE
Est. value
$770,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1974
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Rooms
1
Lot
7.29 ac
Current owner
From public records · entity-resolved
Interlock Paving Systems INC
Entity
Free & Clear · 1 yrs held
Mailing address
802 W PEMBROKE AVE, HAMPTON, VA 23669-3327
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
$22,000
Interlock Paving Systems INC
Westwood Contractors INC
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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