9302 Warwick Boulevard, Newport News, VA 23601
COMMERCIAL - Newport News, VA
- Added:
- Mar 12, 2026
- Days on Market:
- 108
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 9302 Warwick Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- O1
- Standard status
- Active
- Size
- 12,832 SF
- Lot size
- 2.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19825
Utilities
- Cooling system
- Wall/Window Unit(s), Central Air
Building Details
- Year built
- 1950
Listing agent Greg Garrett License #0225071029 (757) 873-1002
Listing office Garrett Realty Partners 11864 Canon Blvd. #103, Newport News, VA (757) 873-1002
Listing date Mar 12, 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
- Over 2 acres with a 12,832 SF two‑story building
- Zoned O‑1, offering flexibility for office, educational, or other approved uses
- Interior includes numerous offices, classrooms, and meeting spaces
- Expansive site includes room for future parking, outdoor space, or potential expansion with another structure
- Cooling includes central air and wall/window unit(s)
- Built in 1950 and sold as‑is, where‑is
Overview
Located at 9302 Warwick Boulevard in Newport News, Virginia 23601, the site provides additional land beyond the existing structure. That extra acreage can support future parking, outdoor space, or potential expansion with another structure, depending on development needs and approvals.
For buyers and tenants seeking a multi-room environment that can function as a classroom-based facility, professional office setting, or similar O-1 use, this building offers practical capacity and a layout already broken into smaller work areas. Its combination of office and education-style rooms may also appeal to organizations needing both collaboration space and dedicated rooms for instruction, meetings, or administrative functions.
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 | $223.3k | $17.40 |
| − Vacancy | −$33.5k | −$2.61 |
| EGI | $189.8k | $14.79 |
| − OpEx | −$47.4k | −$3.70 |
| NOI | $142.3k | $11.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News
- State
- Virginia
- Longitude
- -76.452313
- Latitude
- 37.021993
