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Prime Development Opportunity in Newport
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1020 Loftis Blvd, Newport News, VA 23606

Located at the entrance to award-winning Port Warwick community.

Property SizeContact for details
Days on Market1070

Property Features for 1020 Loftis Blvd

General Information

Standard status Active
Property subtype Land, Office, Retail
Zoning C1
Listing Agency: Divaris Real Estate Inc Corporate
Listed By: Jason Oliver, CCIM · License #VA
Source: Crexi
Added: Sep 19, 2023 Changed: Aug 13 Last Checked: Aug 22 at 3:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Divaris Real Estate Inc Corporate

Investment Insights

Based on property information with market context.

This property represents a prime development opportunity situated at the entrance to Port Warwick, an award-winning mixed-use community located off Jefferson Avenue in Newport News. Port Warwick features an attractive mix of retail, medical, office, townhomes and apartments situated around Styron Square, a three-acre green space. The parcel is centrally located in Newport News off Jefferson Avenue at the entrance to the award-winning Port Warwick mixed-use community and is minutes from City Center at Oyster Point.

Key Highlights

  • Prime development opportunity at the entrance to Port Warwick.
  • Located in the award‑winning Port Warwick mixed‑use community.
  • Centrally located in Newport News off Jefferson Avenue.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Pharmacy Veterinary Clinic Parking Lot & Garage Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,473
Businesses Nearby

Demographics for 23606, VA

31,684
Population
13,186
Households
2.4
Avg Household Size
33
Median Age
38%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
3,266
Density / Sq Mi
$69,921
Median Household Income
$38,647
Median Earnings
$1,327
Median Rent
$296,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Located at the entrance to award-winning Port Warwick community.
Where is this commercial land located?
The property is located at 1020 Loftis Blvd Newport News, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime development opportunity at the entrance to Port Warwick.; Located in the award‑winning Port Warwick mixed‑use community.; Centrally located in Newport News off Jefferson Avenue.
More about this property
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