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Property profile & analytics
OFF-MARKET
Estimated value
$8,525,000
Drug stores
918 Mercury Blvd, Hampton, VA 23666-4323
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-2358177
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2014
Construction
TYPE NOT SPECIFIED
Total area
13,272 SF
Lot
1.66 ac (72,266 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
07E021 00 000PC1B
UPID
US87-2358177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CVS Pharmacy Pharmacy
-
CVS Pharmacy
-
CVS Photo (Bike/Boat/Book/etc) Store
-
Kema Roberts Pharmacy
-
Rebekah Blount Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.53M
Owner & transaction history
Fountain Villa Apartments LLC · 1 yrs held
Fountain Villa Apartments LLC
since 2024
Last sale
$8.5M
3 recorded transactions
Zoning & alternative use
13 C-1 NEIGHBORHOOD COMME · Hampton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.1M
+449.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,525,000
ML approach
$8,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,110,000
Change: +450% · Conversion: Difficult
Blend value · Realmo final
$8.53M
Range $7.67M – $9.38M · ±10% · vs last sale $8.53M (Jul 10 2024)
Last sale anchor
$8.53M
Jul 10 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$642 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$75,588
Tax year 2023
Assessed value
$5,949,200
Assessed 2024
Previous assessed
$5,949,200
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,023,600
Assessed improvement
$3,925,600
Land market value
$2,023,600
Improvement market value
$3,925,600
Total market value
$5,949,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2014
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Total area
13,272 SF
Lot
1.66 ac (72,266 SF)
Zoning code
13 C-1 NEIGHBORHOOD COMME
APN
07E021 00 000PC1B
UPID
US87-2358177
Jurisdiction
HAMPTON CITY
Zoning & alternative use
13 C-1 NEIGHBORHOOD COMME · Hampton, VA
Zoning 13 C-1 NEIGHBORHOOD COMME · permitted uses
13 C-1 NEIGHBORHOOD COMME · Hampton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.1M
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
Fountain Villa Apartments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
11035 LAVENDER HL DR STE #160, LAS VEGAS, NV 89135-2957
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
—
Fountain Villa Apartments LLC
Fountain Villa Apartments LLC
Intrafamily Transfer
related
—
Apr 18, 2018
$8,525,000
Villa Apartment LLC A California Li
Berkum Family LLC A New York Limite
Deed
$5,250,000 · Fsg Bank
Mar 23, 2016
$8,860,880
The Berkun Family LLC A New York Li
Ll Hampton Va LLC A Delaware Limite
Special Warranty Deed
$15,840,000 · Fsgbank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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