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    1 Bayport Way Newport News, VA

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    For Lease
    $22 SF/Yr ($13,168 /Mo)

    Class A office space available for rent near city center.

    Property size:
    7,023 SF
    Lot size:
    7.46 Acres

    Property Features for 1 Bayport Way

    General Information

    Size
    7,023 SF
    Lot size
    7.46 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Teresa Nettles

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

    Overview

    Class A Office Space

    This Class A office space offers 7,023 square feet. Amenities include a shared conference room for tenant use, a credit union branch, and an ATM located in the lobby. The property provides abundant parking and on-site property management services. It is located in close proximity to the city center and I-64.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Newport News
    State
    Virginia
    Longitude
    -76.4144568
    Latitude
    37.0085648

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    FAQs

    What type of property is this?
    Office space - Class A office space available for rent near city center.
    Where is this office space located?
    The property is located at 1 Bayport Way Newport News, VA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Class A, full-service building; - Abundant parking available for tenants and guests; - Conveniently located with close proximity to city center and I-64
    (757) 873-0323
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    1 Bayport Way Newport News, VA
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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
    1 Bayport Way Newport News, VA
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