4205 Mercury BlvdHampton, VA 23666

Property Details for 4205 Mercury Blvd

Year built

1986

Construction

TYPE NOT SPECIFIED

Lot size

1.66 AC

Property size (Sq ft)

28,080 SF

Zone code

14 C-2 LIMITED COMMERCIAL

Property type

Retail properties

Property subtype

Outlet malls

APN

03H018 00 00000

APU

03H0180000000

Description

This exceptional retail opportunity presents 15,000 square feet of completely vacant space at 4205 W. Mercury Boulevard in Hampton, Virginia. Located in Hampton County, this multi-tenant storefront property offers significant potential for a variety of retail businesses. The building's total square footage is 15,000 square feet, all of which is currently available for lease. Ample parking is provided with 42 spaces readily accessible to the property. The property's prime location in Hampton, VA, zip code 23666, ensures high visibility and convenient access for customers. This presents a unique chance to establish a strong retail presence in a thriving community. The property is classified as a retail storefront and is ideal for a single large tenant or multiple smaller tenants seeking a collaborative environment. The address is 4205 W. Mercury Boulevard. Given the substantial size and complete vacancy, this property offers unparalleled flexibility for customization and tenant build-out to meet specific business needs. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong foothold in the Hampton market. Serious inquiries are encouraged to explore this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,315,750

  6.5%

  $7,676,078

  7%

  $7,127,786

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,639,905

  Geo Method

  $11,817,895

• Alternative Use

  Use

  Valuation

  Residential

  $6,475,058

  Hospitality

  $5,931,118

  Educational

  $4,934,621

  Medical

  $5,104,330

  Retail

  $7,676,078

Location Insight

City

Hampton

County

Hampton City

State

Virginia

Latitude

37.0256

Longitude

-76.4306

CBSA code

47260

CBSA name

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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