200 Floyd Thompson DrHampton, VA 23666

Property Details for 200 Floyd Thompson Dr

Year built

2004

Lot size

1.06 AC

Property size (Sq ft)

1,372 SF

Property type

Retail properties

Description

This exceptional 1.06-acre commercial property in Hampton, Virginia, presents a unique redevelopment opportunity. Located on a signalized hard corner at 200 Floyd Thompson Dr, 23666, this vacant lot offers significant visibility and accessibility. The 1,372 square foot building, constructed in 2004 and renovated the same year, sits on a nearly square parcel boasting over 200 feet of frontage on both Neil Armstrong Pkwy and Floyd Thompson Blvd. The site benefits from high traffic counts, exceeding 23,000 vehicles per day on Neil Armstrong Pkwy. Strong demographics further enhance its appeal, with over 52,000 people residing within a three-mile radius and an average household income exceeding $96,000. Its proximity to major employers like Langley Air Force Base and NASA Langley Research Center, as well as the recently constructed Lumen luxury apartment complex (300 units), ensures a robust customer base. The property is zoned for commercial use and includes substantial air rights (46,173 sq ft). Offered as fee simple ownership, this is a prime location for QSR/fast food redevelopment. The asking price is $750,000, translating to a land value of $896,226 per acre. The property's APN is 6000963. The site is currently vacant, with an occupancy date of October 23, 2024.

Location Insight

City

Hampton

County

Hampton City

State

Virginia

Latitude

37.0869

Longitude

-76.3959

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