37 ArmisteadHampton, VA 23669

  • Grocery and convenience stores
  • 4,809 SF
Off market
$1,293,000 Estimated

Property Details for 37 Armistead

Year built
1971
Construction
TYPE NOT SPECIFIED
Lot size
0.77 AC
Property size (Sq ft)
4,809 SF
Zone code
28 DT-1 DOWNTOWN BUSINESS
Property type
Grocery and convenience stores
APN
02J990 00 000000
APU
02J99000000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,492,788
    6.5%
    $1,377,959
    7%
    $1,279,533
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,552,806
    Geo Method
    $2,023,941
  • Alternative Use

    Use
    Valuation
    Residential
    $1,162,360
    Hospitality
    $1,064,715
    Educational
    $885,831
    Medical
    $916,296
    Retail
    $1,377,959

Location Insight

City
Hampton
County
Hampton City
State
Virginia
Latitude
37.0247
Longitude
-76.3492
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,288
$669,600
$623,400
$1,293,000
-
$669,600
$623,400
$1,293,000

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