1919 Commerce DrHampton, VA 23666

  • Office properties
  • 77,796 SF
For Lease
$16.50/SF/YR View listing

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
1919 Commerce Dr, Hampton, Virginia

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

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
$89,882
$1,045,400
$5,742,700
$6,788,100
-
$1,045,400
$5,742,700
$6,788,100

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].