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    160 Newtown Rd Virginia Beach, VA 23462

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    For Lease
    $22 SF/Yr ($4,676 /Mo)

    Modern office building with suites available for lease.

    Property size:
    2,494 SF
    Lot size:
    3.88 Acres

    Property Features for 160 Newtown Rd

    General Information

    Size
    2,494 SF
    Lot size
    3.88 Acres

    Source: Commonwealth Commercial Agent Noah Reyes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Building with Suites

    This recently renovated office building features modern and updated exterior and interior finishes. Vacant spaces range from 1,667 to approximately 47,661 square feet, offering build-to-suit potential. Three spec suites are available on the second floor: Suite 201 offers 3,539 rentable square feet, Suite 202 provides 1,667 rentable square feet, and Suite 205 includes 3,629 rentable square feet. The property is centrally located with immediate access to the I-264 interchange and is 0.3 miles from the Newtown Light Rail Station. Building signage opportunities are available, benefiting from a traffic count of approximately 200,000 vehicles per day on I-264. Ample on-site surface parking is available at no charge. The lease rate ranges from $20.50 to $21.50 per square foot, net of janitorial services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ECPI University Online University DroneUp, LLC Delivery Service FIS Loan Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.1851007
    Latitude
    36.842847

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    FAQs

    What type of property is this?
    Office space - Modern office building with suites available for lease.
    Where is this office space located?
    The property is located at 160 Newtown Rd Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Centrally located with immediate access to I-264 and 0.3 miles from the Newtown Light Rail Station.; - **High traffic count (200,000± VPD on I-264) provides building signage opportunity.**; - Recently renovated building with modern exterior and interior finishes.
    (804) 346-4966
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    160 Newtown Rd Virginia Beach, VA 23462
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    160 Newtown Rd
    Virginia Beach, VA 23462
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    160 Newtown Rd Virginia Beach, VA 23462
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