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SmithfieldALL OTHERS AREA 64108 Commerce St✓ Source: REIN MLS #10634285 · record updated Jul 14, 2026 · synced every 2 min · your inquiry is never resold
108 Commerce ST, SMITHFIELD VA 23430 - Main photo
108 Commerce ST, SMITHFIELD VA 23430 - Photo 2
$2,995
$1 / sqft · est. $16/mo →
3beds
3.1baths
3,184sqft
64days on market

108 Commerce St, Smithfield, VA 23430

Off MarketRental · built 1985 · ALL OTHERS AREA 64

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Deep Water, Deep Water Access.

Frontage

Waterfront ✓ VERIFIED

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Rare opportunity to lease a riverfront townhome in the Historic Downtown Smithfield Waterfront District. A standout feature is the private floating dock with two deep-water boat slips, capable of accommodating up to a 70' yacht, making this an ideal option for boating enthusiasts. This property offers stunning views of the Pagan River and an exceptional waterfront lifestyle. The home features an open-concept main living area filled with natural light and expansive water views. The kitchen includes stainless steel appliances and ample storage. Enjoy the convenience of walkable and golf-cart-friendly living, just steps from downtown restaurants, shops, farmers markets, and community events. Riverfront rentals in this location are extremely rare—do not miss this unique leasing opportunity.

Listing courtesy of Jay Hassell · Keller Williams Realty Twn Ctr · REIN MLS #10634285

Schools

  • ElementaryHardy Elementary
  • MiddleSmithfield Middle
  • HighSmithfield

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Rental

Year built

1985

Price / sqft

$1

HOA

None

County

Isle of Wight County VA

Waterfront

Yes

MLS #

10634285

Association amenities

Boat SlipDock

Interior

Bedrooms
3
Full baths
3
Half baths
1
Approx. sqft
3,184
Stories
3
Flooring
Ceramic, Laminate/LVP, Wood
Ensuite bedrooms
2
Other rooms
Attic, Balcony, Breakfast Area, PBR with Bath, Porch, Sun Room, Utility Closet
Appliances
Dishwasher, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup

Construction & exterior

Style
Traditional, Transitional
Foundation
Basement
Roof
Asphalt Shingle
Waterfront
Deep Water,Deep Water Access
Deep-water access
Yes

Utilities & systems

Heating
Forced Hot Air, Nat Gas, Zoned
Cooling
Central Air, Heat Pump
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.0326
Subdivision
ALL OTHERS AREA 64
Unit / floor
1
Garage
Yes
Parking
Garage Att 1 Car, Driveway Spc
Possession
ASAP

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

Flood & environment

FEMA flood zone AE · base flood elevation 9 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 51093C

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone A

Source: Virginia Dept. of Emergency Management — Know Your Zone

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$16/mo

Principal & interest

$16

Property tax

$0

Home insurance

$1

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Asking vs. assessment

1% of $421,600

City assessment record

Land share of assessed value

17% — $70,000

Improvements $351,600 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$525,000$825,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

637 Westminster RCH · 0.1 mi · 3,600 sqft$605,000 sold 2026-07
113 Goose Hill WAY · 0.7 mi · 3,230 sqft$825,000 sold 2026-07
500 Moonefield DR · 1.2 mi · 3,438 sqft$525,000 sold 2026-07

Sale & Tax History

List Price

$2,995

Price / Sq Ft

$1

Annual Taxes

N/A

Monthly Tax

N/A

HOA

None

Tax Rate (effective)

N/A

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 11, 2026$2,995
Currently listed$2,995

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

99% below assessment

Total Assessed

$421,600

Land

$70,000

Improvement

$351,600

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Smithfield Assessor (Google)

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Questions buyers ask

Real questions, answered from the record

Is 108 Commerce St in a good school zone?+
The assigned zones on the listing record are Hardy Elementary, Smithfield Middle, Smithfield. School attendance zones can change — always confirm enrollment with the local school division.
Is 108 Commerce St in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 9 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 108 Commerce St?+
Yes — EnCore Pilates and Physical Therapy is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 108 Commerce St?+
Isle of Wight County Veterans Memorial is about 0.1 miles away.
Where is the nearest grocery store to 108 Commerce St?+
The Main Gourmet is about 0.2 miles away. The closest dining on record is Wharf Hill Brewing Company (0.1 mi).
Is 108 Commerce St a waterfront property?+
Yes. The listing record shows: Deep Water,Deep Water Access.
Does 108 Commerce St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 108 Commerce St built?+
It was built in 1985, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Jay Hassell · Keller Williams Realty Twn Ctr · REIN MLS #10634285

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

108 Commerce St, Smithfield — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

108 Commerce St, Smithfield, Virginia 23430 · MLS #10634285 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.