1919 Commerce DrHampton, VA 23666
- Office properties
- 77,796 SF
Property Details for 1919 Commerce Dr
- Year built
- 1987
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.00 AC
- Property size (Sq ft)
- 77,796 SF
- Zone code
- 14 C-2 LIMITED COMMERCIAL
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 07F007H00 00000
- APU
- 07F007H0000000
Description
Pinewood Plaza, located at 1919 Commerce Dr in Hampton, VA 23666, offers exceptional executive office space for lease. This two-elevator building boasts a total of 2,522 square feet, currently entirely vacant and available for immediate occupancy. Multiple tenancy options are available, with spaces ranging from a minimum of 869 square feet to a maximum contiguous space of 1,653 square feet. The building is ideally suited for businesses seeking a professional and efficient workspace in a prime Hampton location. The property is categorized as an Executive Office building and is situated in Hampton County, Virginia. Its convenient location provides easy access to major transportation routes and local amenities. Interested parties are encouraged to inquire about the various leasing options to find the perfect fit for their business needs. The building's modern design and amenities create a productive and comfortable environment for employees. This is a rare opportunity to secure a significant amount of high-quality office space in a desirable Hampton location. Contact us today to schedule a viewing and discuss your specific requirements.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $16,427,953
- 6.5%
- $15,164,264
- 7%
- $14,081,102
-
Comparable approach
- Method
- Valuation
- Relative Method
- $9,968,256
- Geo Method
- $12,992,710
-
Alternative Use
- Use
- Valuation
- Residential
- $18,803,688
- Hospitality
- $17,224,076
- Educational
- $14,330,229
- Medical
- $14,823,068
- Retail
- $22,291,468
Location Insight
- City
- Hampton
- County
- Hampton City
- State
- Virginia
- Latitude
- 37.0377
- Longitude
- -76.39
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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