905 Aberdeen Rd Hampton, VA 23666-4801
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.
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Vito's Pizza & Italian Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
14 C-2 LIMITED COMMERCIAL · Hampton, VAHampton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.