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Investment Highlights

  • Situated within King Commerce Center, an established Hampton business park.
  • On-site amenities include 93 dedicated parking spaces for employees and visitors.
  • Full utility service includes gas, water, sewer, and heating for operational reliability.
  • Approximately 18-foot clear ceiling height enhances storage and operational capabilities.
  • Functional loading options and multiple drive-in doors.
  • Convenient access to I-64 ensures direct connectivity to regional distribution routes.

Executive Summary

Located in the King Commerce Center, this light industrial flex property at 2010-2048 Exploration Way provides a rare acquisition opportunity within the Hampton Roads area. 100% Occupied. Built in 2010, the single-story building offers versatile design features suitable for logistics, distribution, and service-oriented businesses. Clear ceiling heights of approximately 18 feet and multiple grade-level drive-in doors, along with one dock-high loading position, support efficient operations for a wide range of users.
The site includes ample on-site parking, with approximately 70 spaces available, accommodating both employees and visitor requirements. Modern utility infrastructure, including gas, heating, water, and sewer, ensures operational flexibility for the property. Its location within a well-established business park places it in close proximity to interstate corridors such as I-64, providing excellent transportation connectivity throughout Hampton Roads and beyond.
The surrounding area features a mix of commerce hubs and residential communities, just minutes from Hampton’s retail districts and regional amenities. Positioned within a dynamic submarket known for its growing industrial and service base, this property represents an appealing option for owner-users or investors seeking stabilized flex assets in a robust economic environment.

Property Facts

Price $6,369,291 CAD
Price Per SF $195.98 CAD
Sale Type Investment
Property Type Flex
Property Subtype Light Distribution
Building Class B
Lot Size 3.33 AC
Rentable Building Area 32,500 SF
No. Stories 1
Year Built 2010
Parking Ratio 3.02/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 16
Zoning 33 HRC-2 H

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
13002305
Land Assessment
$410,648 CAD
Improvements Assessment
$4,331,940 CAD
Total Assessment
$4,742,588 CAD
  • Listing ID: 40525419

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 2010-2048 Exploration Way, Hampton, VA 23666

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