Self-Storage Conversion with
For Sale
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5200 W Mercury Blvd, Newport News, VA 23605
Planned self-storage conversion with residual two-floor space plus two visible outparcels at a signalized intersection.
Days on Market110
Property Features for 5200 W Mercury Blvd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Colliers - Norfolk, Virginia
(757) 228-1829
Listed By:
Tyler Brooks · License #Virginia 0225202191
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 6:09PM
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 Colliers - Norfolk, Virginia
Investment Insights
Based on property information with market context.
The property includes an existing box that the seller plans to convert into high-end self-storage, with the eastern half dedicated to storage. After the conversion, approximately 100,000 square feet of residual space remains on two floors. In addition, there are two outparcels positioned for visibility on prominent corner locations and at a signalized intersection along the main commercial corridor.
The site is located along West Mercury Boulevard, reported at 50,000 VPD, and near the front entrance of the Offices at Net Center, described as the largest office complex in Hampton with 560,000 SF.
With the combination of planned storage and remaining multi-floor space, the property can accommodate multiple leasing configurations while maintaining strong street-level exposure for the outparcels.
The site is located along West Mercury Boulevard, reported at 50,000 VPD, and near the front entrance of the Offices at Net Center, described as the largest office complex in Hampton with 560,000 SF.
With the combination of planned storage and remaining multi-floor space, the property can accommodate multiple leasing configurations while maintaining strong street-level exposure for the outparcels.
Key Highlights
- Fronts West Mercury Boulevard with reported traffic of 50,000 VPD
- Planned conversion: eastern half of the property to high‑end self‑storage
- After conversion, 100,000 SF of residual space on two floors
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
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Business Placement
Demographics for 23605, VA
14,053
Population
6,944
Households
2
Avg Household Size
37
Median Age
18%
College-Educated
91%
High-School Grad
3.7 sq mi
ZIP Area
3,798
Density / Sq Mi
$52,899
Median Household Income
$36,286
Median Earnings
$1,187
Median Rent
$178,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Planned self-storage conversion with residual two-floor space plus two visible outparcels at a signalized intersection.
Where is this self storage facility located?
The property is located at 5200 W Mercury Blvd Newport News, VA.
What are key features of this property?
This property features: Fronts West Mercury Boulevard with reported traffic of 50,000 VPD; Planned conversion: eastern half of the property to high‑end self‑storage; After conversion, 100,000 SF of residual space on two floors