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    Hampton, VA
    Strip Mall

    Hampton, VA Strip Malls for Sale

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    Newport News, VA Yorktown, VA New Church, VA Carrollton, VA Norfolk, VA Poquoson, VA Suffolk, VA Smithfield, VA
    Retail Strip Center For Sale
    Updated: Jun 29, 2023
    Retail Strip Center For Sale

    1928 N Armistead Ave, Hampton, VA

    $1,500,000
    11,000 sqft 0.79 AC lot
    Freestanding retail strip center with frontage on a corner parcel at a major intersection (Mercury Boulevard and N. Armistead).
    High visibility with great exposure and exterior signage opportunities.
    Easy access into a private parking lot.
    Potential for up to three tenant spaces, including NAPA Auto Parts.
    Masonry exterior building construction.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1928 N Armistead Ave, Hampton, VA

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $115K
      Annual

    • Price @ 7% Cap

      $1.65M
      Above asking

    • Property Type

      Retail Stores
      Built 1963
    View Property Analytics
    Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 1 Active listings in Hampton, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Leased Retail Strip Center
    Leased Retail Strip Center

    3601, 3603 & 3605 High Street, Portsmouth, VA 23707

    $1,085,000
    5,043 sqft 0.44 AC lot

    Fully leased retail strip center in Portsmouth, Virginia.

    View details
    Retail Space in Anchored Center
    Retail Space in Anchored Center

    1505-1527 N Parham Rd, Richmond, VA

    Contact for pricing
    1,500 sqft 9.56 AC lot

    Retail spaces available in a Fresh Market anchored shopping center.

    View details
    Retail Strip with Income Potential
    Retail Strip with Income Potential

    1511-1527 Rodman Ave, Portsmouth, VA

    $800,000
    8,506 sqft 0.75 AC lot

    Retail strip with parking, near shopping, income potential.

    View details
    Corner Strip Mall with Strong Visibility
    Corner Strip Mall with Strong Visibility

    507 E. Southside Plaza, Richmond, VA 23224

    Contact for pricing

    Corner retail strip mall offering excellent visibility, convenient access, and established national co-tenancy.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Zoned General Business
    Commercial Land Zoned General Business

    Lankford Highway, Temperanceville, VA 23442

    $1,200,000
    19.99 AC lot

    Nearly 20-acre tract on U.S. Route 13 with General Business (B-1) zoning and a completed wetlands delineation.

    View details
    Waterfront Commercial Land
    Waterfront Commercial Land

    Hwy 903 Eaton Ferry Road, Littleton, NC 27850

    $5,250,000
    116.00 AC lot

    Large Lake Gaston parcel zoned for commercial activity with utilities at the roadway and options for subdivision or PUD planning.

    View details
    Zoned B-2 Commercial Land Parcel
    Zoned B-2 Commercial Land Parcel

    1664 E Raleigh Boulevard, Rocky Mount, NC 27801

    $289,000
    1.50 AC lot

    1.5-acre commercial land parcel zoned B-2 with approximately 290 feet of road frontage on E Raleigh Blvd.

    View details
    Commercial Land on Raleigh Boulevard
    Commercial Land on Raleigh Boulevard

    1664 East Raleigh Boulevard, Rocky Mount, NC 27801

    $289,000
    1.50 AC lot

    1.5 acre commercial parcel with road frontage for sale.

    View details

    Off-Market Properties in Hampton, VA

    Consider similar Off-Market properties in Hampton, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    102 Market Pl Dr
    SHOPPING CENTER, STRIP CENTER

    102 Market Pl Dr, Hampton, VA 23666

    $1,285,000
    Estimated value
    1.10 AC lot
    View details
    1123 Mercury Blvd
    SHOPPING CENTER, STRIP CENTER

    1123 Mercury Blvd, Hampton, VA 23666-3302

    $3,770,000
    Estimated value
    9,054 sqft 2.30 AC lot
    View details
    4006 Mercury Blvd
    SHOPPING CENTER, STRIP CENTER

    4006 Mercury Blvd, Hampton, VA 23666-3738

    $3,595,000
    Estimated value
    67,908 sqft 17.42 AC lot
    View details
    1933 Pembroke Ave
    SHOPPING CENTER, STRIP CENTER

    1933 Pembroke Ave, Hampton, VA 23663-1325

    $760,000
    Estimated value
    2,500 sqft 2.37 AC lot
    View details
    1006 Settlers Lndg Rd
    SHOPPING CENTER, STRIP CENTER

    1006 Settlers Lndg Rd, Hampton, VA 23669-5103

    $1,750,000
    Estimated value
    15,585 sqft 6.91 AC lot
    View details
    1119 King St
    SHOPPING CENTER, STRIP CENTER

    1119 King St, Hampton, VA 23669-2546

    Value Estimation by Request
    6,370 sqft 0.25 AC lot
    View details
    Enfield Dr
    SHOPPING CENTER, STRIP CENTER

    Enfield Dr, Hampton, VA 23666

    $6,725,000
    Estimated value
    0.81 AC lot
    View details
    2165 Cunningham Dr
    SHOPPING CENTER, STRIP CENTER

    2165 Cunningham Dr, Hampton, VA 23666-2569

    $6,760,000
    Estimated value
    49,109 sqft 3.25 AC lot
    View details
    3011 Mercury Blvd
    SHOPPING CENTER, STRIP CENTER

    3011 Mercury Blvd, Hampton, VA 23666-3930

    $810,000
    Estimated value
    6,671 sqft 0.49 AC lot
    View details
    3001 Mercury Blvd
    SHOPPING CENTER, STRIP CENTER

    3001 Mercury Blvd, Hampton, VA 23666-3930

    $790,000
    Estimated value
    8,144 sqft 0.65 AC lot
    View details
    1909 Commerce Dr
    SHOPPING CENTER, STRIP CENTER

    1909 Commerce Dr, Hampton, VA 23666-4246

    $2,535,000
    Estimated value
    14,001 sqft 4.88 AC lot
    View details
    1410 Pembroke Ave
    SHOPPING CENTER, STRIP CENTER

    1410 Pembroke Ave, Hampton, VA 23663-2030

    $1,130,000
    Estimated value
    2,223 sqft 1.32 AC lot
    View details
    614 Pembroke Ave
    SHOPPING CENTER, STRIP CENTER

    614 Pembroke Ave, Hampton, VA 23669-3235

    $535,000
    Estimated value
    0.21 AC lot
    View details
    53 Settlers Lndg Rd
    SHOPPING CENTER, STRIP CENTER

    53 Settlers Lndg Rd, Hampton, VA 23669

    Value Estimation by Request
    0.22 AC lot
    View details
    2201 Kecoughtan Rd
    SHOPPING CENTER, STRIP CENTER

    2201 Kecoughtan Rd, Hampton, VA 23661-3216

    $1,395,000
    Estimated value
    23,857 sqft 1.70 AC lot
    View details
    1507 Big Bethel Rd
    SHOPPING CENTER, STRIP CENTER

    1507 Big Bethel Rd, Hampton, VA 23666

    Value Estimation by Request
    2,824 sqft 1.28 AC lot
    View details
    308 Martha Lee Dr
    SHOPPING CENTER, STRIP CENTER

    308 Martha Lee Dr, Hampton, VA 23666-3604

    Value Estimation by Request
    0.11 AC lot
    View details
    1501 Hardy Cash Dr
    SHOPPING CENTER, STRIP CENTER

    1501 Hardy Cash Dr, Hampton, VA 23666

    $710,000
    Estimated value
    19,008 sqft 2.21 AC lot
    View details
    105 Market Pl Dr
    SHOPPING CENTER, STRIP CENTER

    105 Market Pl Dr, Hampton, VA 23666-3163

    $4,495,000
    Estimated value
    41,336 sqft 11.83 AC lot
    View details
    2033 Coliseum Dr
    SHOPPING CENTER, STRIP CENTER

    2033 Coliseum Dr, Hampton, VA 23666-3219

    $680,000
    Estimated value
    5,778 sqft 0.22 AC lot
    View details
    2040 Coliseum Dr
    SHOPPING CENTER, STRIP CENTER

    2040 Coliseum Dr, Hampton, VA 23666-3200

    $1,880,000
    Estimated value
    42,990 sqft 3.85 AC lot
    View details
    300 Mercury Blvd
    SHOPPING CENTER, STRIP CENTER

    300 Mercury Blvd, Hampton, VA 23663-2106

    Value Estimation by Request
    2,475 sqft 0.68 AC lot
    View details
    2400 Cunningham Dr
    SHOPPING CENTER, STRIP CENTER

    2400 Cunningham Dr, Hampton, VA 23666-6500

    $760,000
    Estimated value
    15,050 sqft 1.46 AC lot
    View details

    Hampton, VA Strip Malls Market Trends and Statistics

    Explore 48 strip malls for sale in Hampton, VA on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for retail strips in Hampton, VA start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 27
    Storefront properties 5
    Automotive properties 1

    Demographics Overview

    Population 165K
    Population Growth (5Y) +0.4%
    Median Household Income $71,805
    College Educated 36.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $13.94 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport News city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Hampton fall within the 2,500 to 5,000 square foot range.

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