10413 Warwick Boulevard Newport News, VA 23601
COMMERCIAL - Newport News, VA
Property Features for 10413 Warwick Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Parking features
- Off Street
- Standard status
- Active
- Size
- 4,350 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 588
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1959
Listing agent Ronald Rivera (757) 704-4470
Listing office MR Rivera Realty Group 12350 Jefferson Ave. Ste 240, Newport News, VA (757) 704-4470
Listing date Aug 11, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location on Warwick Blvd ensures strong traffic exposure.
- Versatile building adaptable for office, flex space, cafe, restaurant, or retail.
- 2nd floor configured for office use, ideal for professional services or co‑working.
Local Financial Insights For Retail
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 | $53.8k | $12.36 |
| − Vacancy | −$1.5k | −$0.33 |
| EGI | $52.3k | $12.03 |
| − OpEx | −$15.7k | −$3.61 |
| NOI | $36.6k | $8.42 |
