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Office/Medical Suite with Visibility
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527 Oyster Point Rd, Newport News, VA 23602

Office/medical space near a tech center and Costco with strong access and visibility, and it can be divided.

Property SizeContact for details
Days on Market367

Property Features for 527 Oyster Point Rd

General Information

Standard status Active
Listing Agency: Frank & Shapiro Real Estate
Listed By: Leonard Frank
Source: Exprealty
Added: Sep 4, 2025 Changed: Aug 28 Last Checked: Sep 5 at 12:30PM

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 Frank & Shapiro Real Estate

Investment Insights

Based on property information with market context.

This office/medical space is located on Oyster Point Road and is configured to support flexible occupancy, as the property can be divided rather than requiring a full-building commitment. The smallest available space is listed as 970 square feet, and the offering includes strong access and visibility.

Public remarks place the building near the Tech Center and Costco, highlighting convenient area access. The terms described in the listing are a minimum one-year lease, with longer terms preferred, and the listing notes no CAM fees. Rent is stated as $5,600.00 per month in the public remarks.

Key Highlights

  • Office/medical space on Oyster Point Road near the tech center and Costco
  • $5,600/month rent with no CAM fees
  • Minimum 1‑year lease; longer lease preferred

Property Analytics

Current Use

Cardinal Ambulance Services, ... Ambulance Service Peninsula Foot & Ankle ... Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office/medical space near a tech center and Costco with strong access and visibility, and it can be divided.
Where is this office units located?
The property is located at 527 Oyster Point Rd Newport News, VA.
What are key features of this property?
This property features: Office/medical space on Oyster Point Road near the tech center and Costco; $5,600/month rent with no CAM fees; Minimum 1‑year lease; longer lease preferred
More about this property
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