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    729 Thimble Shoals Blvd Newport News, VA 23606

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    For Sale
    $230,671

    1,496 SF office building in Newport News, Virginia.

    Property size:
    1,496 SF
    Lot size:
    0.17 Acres

    Property Features for 729 Thimble Shoals Blvd

    General Information

    Size
    1,496 SF
    Lot size
    0.17 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

    Newport News Office Building For Sale

    This 1,496 square foot office building, constructed in 1988, is situated on a 0.16-acre site. The property features a 5-ton oversized HVAC unit with a new compressor installed in 2015. It is located in an opportunity zone and identified by parcel ID number 196000510. Zoned C4, the property is currently occupied and leased to a financial firm through March 31, 2030.
    Location Intelligence

    Current Use by Public Records

    Invisible Fence Brand ... Fence Contractor Silvina Bocca, MD, ... Obstetrician-Gynecologist Dress Cathy L Speech Pathologist Nettemeyer Karen Speech Pathologist James Bales Financial ... Financial Planner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Newport News
    County
    Newport News
    State
    Virginia
    Longitude
    -76.4684735
    Latitude
    37.0849511

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    FAQs

    What type of property is this?
    Office building - 1,496 SF office building in Newport News, Virginia.
    Where is this office building located?
    The property is located at 729 Thimble Shoals Blvd Newport News, VA.
    What is the asking price?
    The asking price for this property is $230,671.
    What are key features of this property?
    This property features: - Leased through 3/31/2030 by a financial firm, providing immediate and consistent income.; - Located in an Opportunity Zone, offering potential tax benefits.; - Building size of 1,496 sf, suitable for various business operations.
    (757) 873-0323
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    729 Thimble Shoals 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
    729 Thimble Shoals Blvd Newport News, VA 23606
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