Hampton, VA
Commercial Real Estate Market Trends & Data

$194 Avg asking sale price
$17 Avg asking lease rate
28,036 SF Avg unit lease size
17,632 SF Avg building size for sale
8.92% Average cap rate

Hampton's Demographic Profile

Hampton has 59,744 households and a median income of $59,459, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 143,726
# Households 59,744
Median age 36
Median household income $59,459
Avg household size 2.0
Renter-occupied housing units 28,517
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hampton, VA

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hampton $155 20,804 SF 25.00%
Langley AFB $155 20,804 SF 25.00%
Newport News $154 18,070 SF 25.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Hampton $252 11,818 SF
Langley AFB $252 11,818 SF
Fort Monroe $100 8,500 SF
Newport News $246 13,407 SF
Norfolk $276 44,658 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Langley AFB $152 18,600 SF 8.29%
Hampton $152 18,600 SF 8.29%
Newport News $172 9,000 SF 8.29%
Norfolk $257 32,186 SF 9.70%

Commercial Properties For Sale in Hampton

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

HR Sportsplex

Newport News, VA 23605

  • 30,993 SF Retail Building
  • $4,500,000
For Sale

2201-2221 Kecoughtan Rd

Hampton, VA 23661

  • 30,257 SF Retail Building
  • 5.40% Cap Rate
  • $1,975,000
For Sale

King Commerce Center

Hampton, VA 23666

  • 32,500 SF Flex Building
  • 7.20% Cap Rate
  • $4,650,000
For Sale

Redevelopment Opportunity

Hampton, VA 23666

  • 4.88 AC Lot
  • 1 Commercial Lot
  • $9,359,000
For Sale

9616-9800 Hosier St

Newport News, VA 23601

  • 18,561 SF Industrial Building
  • $1,000,000
For Sale

5862 Jefferson Ave

Newport News, VA 23605

  • 714 SF Retail Building
  • $259,900

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hampton pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hampton $194 17,632 SF
Langley AFB $194 17,632 SF
Fort Monroe $141 35,359 SF
Poquoson $120 16,966 SF
Newport News $202 16,233 SF

Multifamily Properties For Sale in Hampton

For Sale

The Fountains at Poquoson

Poquoson, VA 23662

  • 23,600 SF Multifamily
  • $2,650,000

Regional Demographic Comparison

This comparison places Hampton alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hampton or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hampton 143,726 59,744 36 $59,459 2 28,517 2%
Langley AFB 143,726 59,744 36 $59,459 2 28,517 2%
Fort Monroe 744 433 55 $107,307 2 433 11%
Poquoson 12,689 4,733 44 $120,023 3 814 3%
Newport News 181,423 73,981 36 $60,429 2 39,501 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hampton, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hampton

View All Commercial Real Estate For Sale in Hampton
Is Hampton a good market for a first-time commercial real estate investor?

Hampton offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hampton?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hampton. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hampton?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hampton. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hampton compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hampton. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hampton acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hampton, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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