Ground-Floor Retail
For Sale
Contact for pricing
200 Nat Turner Blvd S, Newport News, VA 23606
Flexible open-plan commercial space with private restroom, shower, kitchenette, signage areas, and dedicated front-door parking.
Property Size1,188 SF
Price / SF$124.58
Days on Market51
Property Features for 200 Nat Turner Blvd S
General Information
Standard status
Active
Size
1,188 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Port Warwick
Road Access
Yes
Additional Details
Floor
Ground
Amenities
private bathroom
shower
mini kitchen area
dedicated parking
signage opportunities
Listing Agency:
Long & Foster Real Estate | James River Newport News
(757) 727-0069
Listed By:
Kyle Hause · License #0225143450
(757) 483-5606
Source:
Moodyscre
Added: Sep 14
Changed: Nov 1
Last Checked: Nov 3 at 8:16AM
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 Long & Foster Real Estate | James River Newport News
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Investment Insights
Based on property information with market context.
This 1,188-square-foot ground-floor business condominium provides an open commercial layout with a front reception and work area, plus a larger rear workspace facing Loftis Boulevard. The configuration can accommodate retail, business services, or office use, with flexibility for additional private offices.
Interior features include a private bathroom with shower and a compact kitchen area equipped with a sink and dishwasher. Signage opportunities are available above the entrance and at the rear, including visibility toward Loftis Boulevard. Dedicated parking is positioned near the front entrance, with access from Jefferson Avenue via Loftis Boulevard or from City Center Boulevard via Nat Turner Boulevard.
Interior features include a private bathroom with shower and a compact kitchen area equipped with a sink and dishwasher. Signage opportunities are available above the entrance and at the rear, including visibility toward Loftis Boulevard. Dedicated parking is positioned near the front entrance, with access from Jefferson Avenue via Loftis Boulevard or from City Center Boulevard via Nat Turner Boulevard.
Key Highlights
- 1,188 SF ground‑floor business condominium
- Open front reception and work area with flexible office configuration
- Rear workspace overlooking Loftis Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,001
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,020
$200.0K
Cap Rate 7%
$142,871
$142.9K
Cap Rate 9%
$111,122
$111.1K
Market Conditions
NOI Build-Up for 1,188 SF
Gross rent
$14.7K $12.36/SF
− Vacancy
−$396 −$0.33/SF
EGI
$14.3K $12.03/SF
− OpEx
−$4.3K −$3.61/SF
NOI
$10.0K $8.42/SF
Area
Newport News, VA
Vacancy
2.70%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,020
Cap Rate 7%
$142,871
Cap Rate 9%
$111,122
Alternative Uses
Best Use
Retail
$142.9K
$125.0K – $166.7K
NOI $10,001 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.3K
$220.8K – $294.4K
NOI $17,661 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,473
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Flexible open-plan commercial space with private restroom, shower, kitchenette, signage areas, and dedicated front-door parking.
Where is this retail space located?
The property is located at 200 Nat Turner Blvd S Newport News, VA.
What is the asking price?
The asking price for this property is $148,000.
What are key features of this property?
This property features: 1,188 SF ground‑floor business condominium; Open front reception and work area with flexible office configuration; Rear workspace overlooking Loftis Boulevard
