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    12618 Warwick Blvd Newport News, VA 23606

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    For Sale
    $495,000

    Highly visible corner lot near Christopher Newport University.

    Lot size:
    1.21 Acres

    Property Features for 12618 Warwick Blvd

    General Information

    Lot size
    1.21 Acres

    Source: Campana Waltz Commercial Real Estate, LLC - West Agent Ron A Campana Jr

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

    Overview

    Corner Lot Redevelopment Opportunity

    This highly visible corner lot is located at the intersection of Warwick Boulevard and Nettles Drive, offering a redevelopment opportunity with curb appeal and visibility from Warwick Boulevard. Situated less than a mile from Christopher Newport University and in close proximity to Oyster Point Business Park, the location is suitable for medical, professional office, and retail users. This property is located in Newport News, Virginia.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

    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
    -76.4974546
    Latitude
    37.0843923

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    FAQs

    What type of property is this?
    Commercial land - Highly visible corner lot near Christopher Newport University.
    Where is this commercial land located?
    The property is located at 12618 Warwick Blvd Newport News, VA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Highly visible corner lot on Warwick Boulevard & Nettles Drive.; - Redevelopment opportunity with great curb appeal and visibility.; - Ideal location for medical, professional office, and retail users.
    (757) 209-2990
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    12618 Warwick Blvd Newport News, VA 23606
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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
    12618 Warwick Blvd Newport News, VA 23606
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