Commercial Land with Existing
For Sale
$485,000
14358 Deloice Crescent, Newport News, VA 23602
Commercial/Industrial, Newport News, VA
Property Size3,411 SF
Lot Size0.79 Acres
Price / SF$142.19
Days on Market51
Property Features for 14358 Deloice Crescent
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Subdivision
DENBIGH
Standard status
Active
Size
3,411 SF
Lot size
0.79 Acres
Taxes and HOA fees
Tax Annual Amount
9708
Building Details
Year built
1990
Roof type
Metal
Listing Agency:
KW Allegiance Shoreline · Keller Williams Realty
Listed By:
Suzan Hama Bor · License #73685
(757) 530-9502
Added: Sep 11
Changed: Oct 1
Last Checked: Oct 31 at 2:06AM
MLS# 10653363
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This C1-zoned commercial property includes approximately 0.79 acres and a 3,411-square-foot, one-story brick building. The improvement was built in 1990 and has a metal roof. The site formerly operated as a car wash and includes extensive concrete paving for circulation and parking. Its existing configuration may support continued evaluation for commercial reuse or redevelopment, subject to buyer review of zoning, condition, and permitted uses.
The property is located at 14358 Deloice Crescent in Newport News, within the Denbigh Village area and an established commercial corridor. The site offers access and visibility within that corridor, with the address situated in the 23602 postal area.
The property is located at 14358 Deloice Crescent in Newport News, within the Denbigh Village area and an established commercial corridor. The site offers access and visibility within that corridor, with the address situated in the 23602 postal area.
Key Highlights
- C1 zoning on approximately 0.79 acres
- 3,411 SF one‑story brick building
- Former car wash operation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,766
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,320
$615.3K
Cap Rate 7%
$439,514
$439.5K
Cap Rate 9%
$341,844
$341.8K
Market Conditions
NOI Build-Up for 3,411 SF
Gross rent
$42.2K $12.36/SF
− Vacancy
−$1.1K −$0.33/SF
EGI
$41.0K $12.03/SF
− OpEx
−$10.3K −$3.01/SF
NOI
$30.8K $9.02/SF
Area
Newport News, VA
Vacancy
2.70%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,320
Cap Rate 7%
$439,514
Cap Rate 9%
$341,844
Alternative Uses
Best Use
Specialty Retail
$439.5K
$384.6K – $512.8K
NOI $30,766 @ 7.0% cap · market cap 6.34%
Second Best
Retail
$410.2K
$358.9K – $478.6K
NOI $28,715 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$724.4K
$633.9K – $845.2K
NOI $50,710 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
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Business Placement
Demographics for 23602, VA
42,004
Population
18,876
Households
2.2
Avg Household Size
37
Median Age
36%
College-Educated
94%
High-School Grad
13.2 sq mi
ZIP Area
3,182
Density / Sq Mi
$72,487
Median Household Income
$46,125
Median Earnings
$1,446
Median Rent
$270,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - C1-zoned commercial site with a paved layout and an existing one-story brick improvement.
Where is this commercial land located?
The property is located at 14358 Deloice Crescent Newport News, VA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: C1 zoning on approximately 0.79 acres; 3,411 SF one‑story brick building; Former car wash operation
