For Sale
Hampton, VA
Commercial Real Estate Market Trends & Data
$185
Avg asking sale price
$17
Avg asking lease rate
15,423 SF
Avg unit lease size
18,645 SF
Avg building size for sale
8.99%
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{{marketTabDescriptions[activeMarketTab]}}
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Langley AFB | $150 | 22,334 SF | 25.00% |
| Hampton | $150 | 22,334 SF | 25.00% |
| Newport News | $150 | 19,427 SF | 25.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Langley AFB | $238 | 12,190 SF |
| Hampton | $238 | 12,190 SF |
| Fort Monroe | $100 | 8,500 SF |
| Newport News | $233 | 13,637 SF |
| Norfolk | $286 | 45,796 SF |
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
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $185 | 18,645 SF |
| Langley AFB | $185 | 18,645 SF |
| Fort Monroe | $100 | 35,359 SF |
| Poquoson | $120 | 16,966 SF |
| Newport News | $195 | 16,965 SF |
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.
Nearby Market Trends
