Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10814 Warwick Blvd Newport News, VA 23601

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in shopping center anchored by Food Lion.

    Property size:
    3,800 SF
    Lot size:
    21.55 Acres

    Property Features for 10814 Warwick Blvd

    General Information

    Size
    3,800 SF
    Lot size
    21.55 Acres

    We can help!

    Listing Contact
    Debra Ramey
    Debra Ramey
    Source: Moodyscre

    Listing Agent: Debra Ramey

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

    Learn more

    Overview

    Retail Space in Newport News

    Retail space is available for rent in a shopping center anchored by Food Lion, which has been recently renovated, USPS, Rite Aid, and Remarkable Dollar Goods. Up to 11,650 square feet of contiguous space is available. An outparcel is available now for ground lease. The location on Warwick Boulevard experiences an average annual daily traffic count of 25,000.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Newport News
    State
    Virginia
    Longitude
    -76.4678152
    Latitude
    37.0393141

    Nearby Similar for Lease

    • $20,000 /Mo
      8,000 SF

      Newport News Commercial Property For Lease

      8,000 SF commercial space on 1.8 acres for lease.
      14859 Warwick Blvd, Newport News, VA 23608
      View Details
    • $5 SF/Yr
      18,561 SF

      Versatile Warehouse Space For Lease

      Warehouse space with office, convenient location, and easy access.
      9616 Hosier St, Newport News, VA 23601
      View Details
    • $675 /Mo
      7,405 SF

      Move-in Ready Office Space

      Furnished office space in Oyster Point with utilities included.
      732 Thimble Shoals Blvd, Newport News, VA 23606
      View Details
    • $650 /Mo
      7,405 SF

      Move-in Ready Office Space

      Furnished office space in Oyster Point with utilities included.
      732 Thimble Shoals Blvd, Newport News, VA 23606
      View Details
    • $11 SF/Yr
      2,000 SF

      Newport News Flex Space Available

      Flex space near Newport News Town Center with office and warehouse.
      311 Ed Wright Ln, Newport News, VA 23606
      View Details
    • $18 SF/Yr
      1,895 SF

      Retail Space Near I Hop

      Retail space available in high-visibility location, formerly a salon.
      11745 Jefferson Ave, Newport News, VA 23606
      View Details
    • $11 SF/Yr
      2,000 SF

      Newport News Flex Space Available

      Flex space with warehouse and office near Newport News Town Center.
      311 Ed Wright Ln, Newport News, VA 23606
      View Details
    • Contact for pricing
      4,015 SF

      Newport News Retail Space Available

      Grocery-anchored retail center with renovated space in Newport News, Virginia.
      439-467 Oriana Rd, Newport News, VA 23608
      View Details
    • $16 SF/Yr
      1,500 SF

      Built-Out Barber Shop For Lease

      High-visibility location in Hampton's active commercial corridor.
      5005-5015 Mercury Blvd, Newport News, VA 23605
      View Details
    • $23 SF/Yr
      1,135 SF

      Retail Space in City Center

      Retail spaces available in a mixed-use development.
      705-707 Mariners Row, Newport News, VA
      View Details
    • $30 SF/Yr
      2,534 SF

      Tech Center Parkway Office Space

      Office space in Tech Center with coworking options available.
      700 Tech Ctr Pkwy, Newport News, VA
      View Details
    • Contact for pricing
      1,360 SF

      Retail Space in Oyster Point

      Retail space for lease in a premier business district.
      605-639 Pilot House Dr, Newport News, VA 23606
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in shopping center anchored by Food Lion.
    Where is this shopping center located?
    The property is located at 10814 Warwick Blvd Newport News, VA.
    What are key features of this property?
    This property features: - Anchored by Food Lion (recently renovated), USPS, Rite Aid & Remarkable Dollar Goods; - Warwick Blvd: 25,000 AADT; - Up to 11,650 SF contiguous available
    (757) 722-2500
    Request Owner's contact information
    10814 Warwick Blvd Newport News, VA 23601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10814 Warwick Blvd
    Newport News, VA 23601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10814 Warwick Blvd Newport News, VA 23601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Debra Ramey
    Debra Ramey
    Real Estate License ID: VA 140281
    (757) 722-2500
    Learn more
    Google sign-in failed. Please try again or use another login method.