Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    9 Queens Way Hampton, VA 23669

    • Turn key restaurants
    • 3,177 SF
    • 0.00 lot acres
    For Sale
    View listing
    $2,400,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-3036009
    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

    • Venture Kitchen & Bar / Restaurant / Cocktail Bar

    Property Details for 9 Queens Way

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.00 lot acres
    Property size
    3,177 SF
    Zone code
    28 DT-1 DOWNTOWN BUSINESS
    Property type
    Turn key restaurants
    APN
    02J142 00 00000C62A
    APU
    02J1420000000C62A

    Description

    This exceptional investment opportunity presents four contiguous retail spaces totaling approximately 100% occupancy, situated in the vibrant heart of Downtown Hampton, Virginia. All four spaces are for sale together, and currently house successful, established restaurant tenants. The properties are located at 9, 11, and 13 East Queens Way East, Hampton, VA 23669, offering a combined total square footage (to be determined by buyer's due diligence). This mixed-use property benefits from its prime location within a designated Opportunity Zone, potentially unlocking significant tax advantages for investors. Furthermore, the location is eligible for facility improvement grants, presenting additional opportunities for enhancing the property's value and appeal. The asking price for the entire portfolio is $2,400,000. Financial details and lease agreements are available upon request. This is a rare chance to acquire a well-established, high-performing restaurant portfolio in a thriving downtown area. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $200,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $205,000
      Mixed-Use
      $225,000
      Hospitality
      $225,000
      Educational
      $170,000
      Residential Income
      $165,000
      Energy
      $170,000
      Income-Based Land
      $175,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3439
    Latitude
    37.026
    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
    $3,516
    $30,300
    $217,800
    $248,100
    -
    $30,300
    $217,800
    $248,100

    Comparable in this City

    • Value Estimation by Request
      6,344 SF

      26 Mercury Blvd

      RESTAURANT • 6,344 SF
      26 Mercury Blvd, Hampton, VA 23669-2912
      View Details
    • Value Estimation by Request
      0.23 Acres

      1721 King St

      RESTAURANT • 0.23 Acres
      1721 King St, Hampton, VA 23669-1909
      View Details
    • Value Estimation
      $155,000
      5,538 SF

      1263 King St

      RESTAURANT • 5,538 SF
      1263 King St, Hampton, VA 23669-2233
      View Details
    • Value Estimation
      $190,000
      4,472 SF

      5 Queens Way

      RESTAURANT • 4,472 SF
      5 Queens Way, Hampton, VA 23669-4063
      View Details
    • Value Estimation
      $210,000
      1,887 SF

      1771 King St

      RESTAURANT • 1,887 SF
      1771 King St, Hampton, VA 23669-1985
      View Details
    • Value Estimation
      $235,000
      3,224 SF

      1205 King St

      RESTAURANT • 3,224 SF
      1205 King St, Hampton, VA 23669-2276
      View Details

    Similar Nearby for Sale

    • $2,400,000

      Downtown Hampton Restaurant Portfolio

      Four Retail Spaces, Prime Location, High Occupancy
      9 Queens Way, Hampton, VA 23669
      View Details
    • $395,000
      5,670 SF

      Retail Building with Road Frontage

      Free-standing retail building with signage and road frontage for sale.
      1333 N King St, Hampton, VA 23669
      View Details
    • $895,000
      3,437 SF

      Renovated Commercial Buildings on Corner Lot

      Two renovated commercial buildings on a high-visibility corner lot.
      1328 E Pembroke Ave, Hampton, VA 23669
      View Details
    • $2,400,000
      21,631 SF

      Hampton Commercial Property on Mercury Boulevard

      21,631 SF property on 1.93 acres, excellent visibility.
      227 E Mercury Blvd, Hampton, VA 23669
      View Details
    • $349,900

      Leased Triplex with Upgrades

      Fully leased triplex with recent exterior upgrades and good rental numbers.
      243 Newport News Ave, Hampton, VA 23669
      View Details
    • $179,000
      0.51 Acres

      Hampton, VA Land For Sale

      Approximately 0.51 acre commercial land parcel in Hampton, VA.
      1263 N King St, Hampton, VA 23669
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,266 SF

      Restaurant Ready Retail Space

      2,266 SF restaurant-ready space with built-in clientele.
      27 S King St, Hampton, VA 23669
      View Details
    • $17 SF/Yr
      3,750 SF

      Retail Space on Mercury Boulevard

      Retail space available for lease on West Mercury Boulevard.
      2306-2330 W Mercury Blvd, Hampton, VA 23669
      View Details
    • $15 SF/Yr
      4,200 SF

      Retail Space Available For Rent

      Retail space available for lease in Hampton, Virginia.
      225 Fox Hill Rd, Hampton, VA 23669
      View Details
    • $21 SF/Yr
      1,260 SF

      Renovated Commercial Building on Corner

      Renovated commercial building with high visibility and easy access.
      1328 E Pembroke Ave, Hampton, VA 23669
      View Details
    • $15 SF/Yr
      208,311 SF

      Willow Oaks Shopping Center: Hampton, VA

      Retail Center - High-Traffic Location
      217-229 Fox Hill Rd, Hampton, VA 23669
      View Details
    • $15 SF/Yr
      3,840 SF

      Retail Space Near Downtown Hampton

      Retail space available near Downtown Hampton and Hampton University.
      3815-3839 Kecoughtan Rd, Hampton, VA 23669
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9 Queens Way
    Hampton, VA 23669
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.