905 Aberdeen Rd Hampton, VA 23666-4801
- Drive through restaurants
- 1,993 SF
- 0.79 lot acres
Current Use by Public Records
- Vito's Pizza & Italian Restaurant / Pizza Restaurant / Italian Restaurant
Property Details for 905 Aberdeen Rd
- Year built
- 1967
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.79 lot acres
- Property size
- 1,993 SF
- Zone code
- 14 C-2 LIMITED COMMERCIAL
- Property type
- Drive through restaurants
- APN
- 03V006 00 00004
- APU
- 03V0060000004
Description
This exceptional investment opportunity presents a 0.79-acre property located at 905 Aberdeen Road in Hampton, Virginia. The property benefits from a prime location on a high-traffic street, offering excellent visibility and accessibility. Its proximity to a thriving business park and the shipyard ensures a consistent flow of potential customers and employees. Furthermore, the property's strategic position near a residential area adds to its appeal and potential for diverse clientele. Currently, the property is under a lease agreement with over five years remaining on a less than ten-year term. This provides immediate and consistent rental income for the investor. The existing lease offers stability and predictability, minimizing vacancy risks. Adding to the attractiveness of this investment, owner financing is available, making this an accessible opportunity for a wide range of buyers. This property is ideal for investors seeking a stable, income-generating asset in a high-demand location. The combination of a strong lease, owner financing options, and a desirable location makes this a compelling investment opportunity. Serious inquiries are encouraged to explore this promising venture further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hampton
- County
- Hampton City
- State
- Virginia
- Longitude
- -76.4044
- Latitude
- 37.0196
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
