1075 Loftis Boulevard, Newport News, VA 23606
COMMERCIAL - Newport News, VA
- Added:
- Jun 29, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 4 at 12:06 pm
Property Features for 1075 Loftis Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R9
- Parking features
- Assigned
- Standard status
- Active
- Size
- 1,188 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2290
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2007
Listing agent Shoshana Marziano (866) 825-7169
Listing office EXP Realty LLC 827 Diligence Dr. #109, Ashburn, VA (866) 825-7169
Listing date Jun 29, 2026
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Ground‑floor business condo in the Nat Turner Building in Port Warwick
- Open floor plan with a spacious front reception/work area and a large rear workspace overlooking Loftis Boulevard
- Private bathroom with shower plus mini kitchen area with sink and dishwasher
- Central air and heat pump heating
- Assigned parking with dedicated spaces convenient to the front door
- Signage opportunities over the entrance and in the back; visible from Loftis Boulevard
Overview
Visibility and access are key considerations here. The space offers signage opportunities over the entrance and at the back, and it is positioned for visibility on Loftis Boulevard. Dedicated parking is located conveniently to the front door, with access described from Jefferson Ave to Loftis Blvd or from City Center Blvd to Nat Turner Blvd.
This property can work as a storefront, business services location, or office, depending on how a tenant or owner wants to configure the front reception/work area and back workspace. With its ground-floor entry, dedicated parking, and in-suite rest room and kitchenette features, it provides a turnkey base for a professional operation looking for a versatile footprint in the Port Warwick mixed-use area.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.7k | $17.40 |
| − Vacancy | −$3.1k | −$2.61 |
| EGI | $17.6k | $14.79 |
| − OpEx | −$4.4k | −$3.70 |
| NOI | $13.2k | $11.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News
- State
- Virginia
- Longitude
- -76.4861961
- Latitude
- 37.0846708
