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Property profile & analytics

9 Queens Way Hampton, VA 23669

  • Turn key restaurants
  • 3,177 SF
  • 0.00 lot acres
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
More about this property
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