671 J Clyde Morris Boulevard Newport News, VA 23601
A signalized, heavily traveled retail site with drive-thru infrastructure and C-1 zoning, ideal for redevelopment planning.
Property Features for 671 J Clyde Morris Boulevard
General Information
- Standard status
- Active
- Size
- 11,309 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing office Divaris Real Estate - Hampton Roads (757) 675-9132
Listing date Jun 2, 2026
Source Divaris
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 Divaris Real Estate - Hampton Roads
Investment Insights
Based on property information with market context.
The site is located at a stoplight on a heavily traveled road with traffic counted at 38,498 VPD. It sits at a signalized intersection and includes 47 parking spaces, supporting customer convenience. The property is zoned C-1 and is also identified as being in an Enterprise Zone.
For tenants, owners, or developers looking for a prominent retail location, the drive-thru setup and retail-focused zoning create flexibility for a range of neighborhood-serving retail concepts. Buyers evaluating redevelopment options will find a ready-made retail footprint in a high-visibility setting, with the access and parking needed to support customer traffic. The overall package is designed for parties seeking a standout presence on a signalized retail corridor.
Key Highlights
- 11,309 SF free‑standing building built in 1996
- Traffic count of 38,498 VPD at a signalized intersection on J Clyde Morris Boulevard
- 47 parking spaces
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $139.8k | $12.36 |
| − Vacancy | −$3.8k | −$0.33 |
| EGI | $136.0k | $12.03 |
| − OpEx | −$40.8k | −$3.61 |
| NOI | $95.2k | $8.42 |
