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Office-Warehouse Flex Space

701 Industrial Park Drive, Newport News, VA 23608

For Lease
Contact for pricing

M-1 zoning supports industrial, fabrication, assembly and warehouse uses.

Space Size5,000 SF
Days on Market40

Property Features for 701 Industrial Park Drive

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Property subtype Industrial
Zoning M-1

Space & Availability

Available Space 5,000 SF
Contiguous Space 5,000 SF

Site & Location

Neighborhood The Forest
Highway Access Yes

Additional Details

Clear Height 18 ft

Spaces For Lease

at 701 Industrial Park Drive
#1 Active
Size 5,000 SF
Contact us
Listing Agency: Drucker + Falk
Listed By: Michael Shapiro · License VA #0225028178
Source: Crexi
Added: Oct 2 Changed: Nov 8 Last Checked: Nov 8 at 5:13PM

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 Drucker + Falk

Rey
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Investment Insights

Based on property information with market context.

This flex property combines 5,000 square feet of office and warehouse area. The warehouse has a divided layout, 18-foot ceilings and the option to include some racking. M-1 zoning allows industrial, fabrication, assembly and warehouse uses.

The property offers access to I-64 and is near businesses in Oyster Point. It is 1.2 miles from the Fort Eustis exit on I-64 and 3.5 miles from Newport News/Williamsburg Airport.

Key Highlights

  • 5,000 square feet of office and warehouse space
  • 18‑foot ceilings in a divided warehouse; some racking can be included
  • M‑1 zoning allows industrial, fabrication, assembly and warehouse uses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

7 city liquidators ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Restaurant Hair Salon

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

Lease Details

18 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23608, VA

43,943
Population
18,448
Households
2.4
Avg Household Size
35
Median Age
27%
College-Educated
90%
High-School Grad
10.7 sq mi
ZIP Area
4,107
Density / Sq Mi
$67,556
Median Household Income
$40,208
Median Earnings
$1,245
Median Rent
$243,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - M-1 zoning supports industrial, fabrication, assembly and warehouse uses.
Where is this flex space located?
The property is located at 701 Industrial Park Drive Newport News, VA.
What are key features of this property?
This property features: 5,000 square feet of office and warehouse space; 18‑foot ceilings in a divided warehouse; some racking can be included; M‑1 zoning allows industrial, fabrication, assembly and warehouse uses
(757) 873-1401 Call to check price and availability
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