501 & 503 Industry Drive

For Sale

501 & 503 Industry Drive, Hampton, VA 23661

This Hampton property for sale is located at 501 & 503 Industry Drive. The current listed sale price for 501 & 503 Industry Drive is $2,050,000. 501 & 503 Industry Drive is situated on a lot that is 1.71 acre in size.

Contacts

Bill Overman, CCIM

S.L. Nusbaum Realty Co.

Property Details

  • Property Type Industrial - Manufacturing
  • Property Size 14,500 SF
  • Lot Size 1.71 Acre
  • Date Updated Jul 28, 2026
  • HVAC None
Industrial campus along Industry Drive within Hampton’s Copeland Industrial Park, minutes from downtown Norfolk and Newport News shipbuilding facilities.Investment opportunity to acquire a fully leased two-building industrial portfolio totaling 14,500 SF on 1.71 acres in Hampton, Virginia. The portfolio is occupied by established industrial tenants and provides immediate cash flow with future rental upside through below-market rents. Strategically located within Copeland Industrial Park with convenient access to Newport News Shipbuilding, Hampton, and the greater Hampton Roads market
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Highlights

  • Attractive 7.27% in-place cap rate with tenants responsible for real estate taxes and insurance reimbursements.
  • Below-market rent at 503 Industry Drive provides a near-term value-add opportunity for investors.
  • Current NOI of approximately $149,051 with projected NOI upside to $161,801 through rent growth opportunities.
  • Fully leased 14,500 SF industrial portfolio on 1.71 acres comprised of two separate buildings and parcels.
  • Stable in-place cash flow from two established tenants, including MCA, a national communications contractor that recently extended its lease.

Attachments

Getting around

  • 31/100

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  • 37/100

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  • 34/100

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Location

  • City Hampton, VA
  • Neighborhood Copeland Industrial Park
  • Zip Code 23661
  • Market Richmond Tidewater

Points of Interest

  • Newport News

    2.99 miles

  • Sunoco

    0.49 miles

  • 7-Eleven

    0.57 miles

  • Citgo

    1.36 miles

  • BJ’s Gas

    1.75 miles

  • Exxon

    1.76 miles

  • Wawa

    1.80 miles

  • Shell

    1.82 miles

  • EVgo

    5.81 miles

  • Tesla Supercharger

    8.90 miles

  • Walmart 1773

    9.57 miles

  • Topwash Carwash

    0.78 miles

  • Avis

    1.90 miles

  • Green Clean Express Auto Wash

    2.36 miles

  • Car Wash

    2.49 miles

  • Enterprise

    2.57 miles

  • Auto Bell

    4.11 miles

  • Auto Port Carwash

    6.80 miles

  • Cool Wave Car Wash

    7.27 miles

  • Cool Wave WashPlex

    8.05 miles

  • Carrollton Car Wash

    8.23 miles

  • McDonald's

    0.23 miles

  • Hardee's

    0.29 miles

  • Wendy's

    0.40 miles

  • Little Thai Kitchen

    0.61 miles

  • Vito's Pizza & Italian Restaurant

    0.62 miles

  • Papa John's

    1.26 miles

  • Philly Station

    1.30 miles

  • Guy Fieri's Pizza Parlor

    1.74 miles

  • Domino's

    1.74 miles

  • Burger King

    1.78 miles

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