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    3101-3099 Jefferson Ave Newport News, VA 23607

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    For Lease
    Contact for pricing

    Retail space available in a busy shopping center.

    Property size:
    3,000 SF
    Lot size:
    2.04 Acres

    Property Features for 3101-3099 Jefferson Ave

    General Information

    Size
    3,000 SF
    Lot size
    2.04 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Wick Smith

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

    Overview

    Retail Space in High-Traffic Area

    This retail space is located within a shopping center anchored by a 28,000-square-foot Piggly Wiggly grocery store. The shopping center is the only one within approximately three miles. A Newport News police precinct is located on site, along with a 100,000-square-foot, four-story office building with over 500 employees. Bay Port Credit Union is inside the grocery store, which also features a deli counter, bakery, fresh produce, fresh cut meats, and dairy sections. Outparcels are available for ground lease or build-to-suit options. The location offers quick and easy access to downtown and I-664. It is situated near Newport News Shipyard, downtown, Newport News City Hall, and the courthouse, with approximately 30,000 daytime employees in the vicinity. The available retail space is 3,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    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.

    Similar Places Nearby

    Southeast Shopping Center, East End Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Newport News
    State
    Virginia
    Longitude
    -76.4253624
    Latitude
    36.9845805

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy shopping center.
    Where is this shopping center located?
    The property is located at 3101-3099 Jefferson Ave Newport News, VA.
    What are key features of this property?
    This property features: - The only neighborhood shopping center within ±3 miles.; - Anchored by a Piggly Wiggly grocery store (28,000 sf) with deli, bakery, fresh produce, fresh cut meats, and dairy sections.; - Newport News Police precinct on site.
    (919) 423-4428
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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
    3101-3099 Jefferson Ave Newport News, VA 23607
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