729 Industrial Park Dr, Newport News, VA 23608
5,000 SF industrial building in Newport News, Virginia.
- Added:
- Mar 5, 2026
- Days on Market:
- 114
- Last Refresh:
- Mar 16 at 2:53 pm
Property Features for 729 Industrial Park Dr
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing office Mid Atlantic Commercial
Listing date Mar 5, 2026
Source Crexi
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 Mid Atlantic Commercial
HighLights
- 5,000 SF modern industrial building constructed in 2005
- Zoned Light Industrial (District M1) allowing for a wide range of uses
- Located in an ideal industrial hub with seamless access to major transportation
- Features five 12’ overhead doors on the front and one 12’ overhead door opening to a steel pavilion for covered workspace
- Includes a modern front reception area, employee break room with appliances, and three bathrooms
- Offers storage space on the main level, a laundry room, and an extra‑large storage area on the mezzanine level
Overview
Local Financial Insights For Warehouse
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 | $51.0k | $10.20 |
| − Vacancy | −$3.9k | −$0.78 |
| EGI | $47.1k | $9.42 |
| − OpEx | −$7.1k | −$1.41 |
| NOI | $40.1k | $8.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News
- State
- Virginia
- Longitude
- -76.5334641
- Latitude
- 37.1698588
