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    8401 Hampton Blvd Norfolk, VA 23505-1018
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    Property profile & analytics

    8401 Hampton Blvd, Norfolk, VA 23505-1018

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    • Community centers
    • 55,742 SF
    • 5.92 lot acres
    Off-Market
    Property ID
    US87-3384607
    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.

    Value Estimations
    $1,560,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Thai Best Cuisine / Restaurant
    • Daiwa Japanese Restaurant / Restaurant
    • Pizza Hut / Restaurant
    • Grand Champions Barbershop / Barber Shop
    • Pamela Infinite Self Storage Facility / Storage Facility

    Property Details for 8401 Hampton Blvd

    Year built
    1989
    Lot size
    5.92 lot acres
    Zone code
    C-2
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    45184820
    APU
    45184820

    Description

    Glenwood Shoppes, located at 8401 Hampton Boulevard in Norfolk, Virginia (zip code 23505), presents a unique retail investment opportunity. This 54,287 square foot shopping center, built in 1990, is situated in Norfolk city, offering a single, currently vacant, 1 square foot suite. The property boasts a prime location at the entrance to Naval Station Norfolk, the world's largest naval base, providing unparalleled access to a substantial consumer base. Over 150,000 personnel work at this naval installation, creating a significant and consistent customer flow. The center's grocery anchor further enhances its appeal and draws in a steady stream of shoppers. This property is classified as a retail shopping center with multiple tenancies, although currently only one suite is available. The property's strategic location and proximity to a major employer make it an attractive prospect for businesses seeking high visibility and a large potential customer base. The address is easily accessible and benefits from high traffic volume. This presents a rare chance to establish a business within a well-established and thriving retail environment. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $950,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,167,000
      Market price range: $1.61M - $3.55M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,445,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.3196
    Latitude
    36.9296
    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
    2024
    $64,905
    $2,319,900
    $2,872,500
    $5,192,400
    -
    $2,319,900
    $2,872,500
    $5,192,400
    More about this property
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