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    Property profile & analytics

    8510 Hampton Blvd Norfolk, VA 23505-1010

    • Retail space
    • 6,125 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US87-0468810
    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.

    Current Use by Public Records

    • Domoishi / Japanese Restaurant
    • Domoishi （Hampton blvd) / Asian Restaurant

    Property Details for 8510 Hampton Blvd

    Year built
    1950
    Lot size
    0.30 lot acres
    Property size
    6,125 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    9103200
    APU
    9103200

    Description

    This exceptional 6,135 square foot retail property, located at 8510 Hampton Blvd in Norfolk, Virginia (zip code 23505), presents a unique leasing opportunity. Currently, 4,131 square feet are available and can be subdivided to accommodate various business needs. The property boasts a highly desirable B-1 zoning classification, making it suitable for a wide range of retail uses. Its prime location offers significant advantages, including ample parking for customers and employees, a highly visible street frontage, and a strategic position next to a Starbucks. This redevelopment project features an attractive end cap and outdoor patio space, perfect for creating a welcoming atmosphere for customers. The property's proximity to the world's largest naval base ensures a substantial and consistent customer base. The building is situated in Norfolk County, Virginia, offering easy access to major transportation routes and a thriving local community. This is an excellent opportunity for businesses seeking a high-traffic location with significant visibility and ample space to grow. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $415,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $390,000
      Mixed-Use
      $455,000
      Hospitality
      $375,000
      Educational
      $385,000
      Residential Income
      $335,000
      Energy
      $410,000
      Income-Based Land
      $445,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.3174
    Latitude
    36.9305
    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
    2023
    $4,724
    $73,500
    $523,700
    $597,200
    -
    $73,500
    $523,700
    $597,200

    Comparable in this City

    • Value Estimation by Request
      19,958 SF

      7623 Granby St

      RETAIL STORES (PERSONAL SERVICES) • 19,958 SF
      7623 Granby St, Norfolk, VA 23505-2508
      View Details
    • Value Estimation
      $390,000
      4,825 SF

      7455 Tidewater Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,825 SF
      7455 Tidewater Dr, Norfolk, VA 23505-3844
      View Details
    • Value Estimation
      $630,000
      6,080 SF

      1038 Little Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,080 SF
      1038 Little Crk Rd, Norfolk, VA 23505-2026
      View Details
    • Value Estimation
      $655,000
      2,400 SF

      941 Little Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      941 Little Crk Rd, Norfolk, VA 23505-2043
      View Details
    • Value Estimation
      $385,000
      2,304 SF

      8012 Hampton Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,304 SF
      8012 Hampton Blvd, Norfolk, VA 23505-1002
      View Details
    • Value Estimation
      $285,000
      4,920 SF

      7461 Tidewater Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,920 SF
      7461 Tidewater Dr, Norfolk, VA 23505-3844
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Grocery-Anchored Retail Space Available

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      Retail Space in Southern Center

      Retail space available in well-leased shopping center near naval station.
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      Prime retail location with ample parking and easy highway access.
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      Glenwood Shoppes: Prime Retail Space

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      Retail space with high visibility and convenient access in Norfolk.
      131 W Little Creek Rd, Norfolk, VA 23505
      View Details
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    Norfolk, VA 23505-1010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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