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    809 Diligence Dr Newport News, VA 23606

    Sponsored
    For Lease
    $12 SF/Yr ($16,450 /Mo)

    Modern Flex/R&D Space in Oyster Point

    Lot size:
    16,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional flex/R&D space, located at 809 Diligence Drive in Newport News, Virginia, offers a unique opportunity for businesses seeking customizable space in a prime location. The property, zoned C4, boasts a total of 16,450 square feet, with a minimum divisible space of 8,225 square feet. This new construction building provides ample parking and is ideally situated within the vibrant Oyster Point Business Park. Its strategic location offers easy access to major transportation arteries, including Interstate 64 and J. Clyde Morris Boulevard (Route 17), ensuring seamless commutes and efficient logistics. The space is adaptable to various needs, accommodating build-outs ranging from 30% to 100% office space, making it perfect for businesses requiring a blend of office and warehouse/research and development areas. Lease rates are competitive, starting at a minimum blended rate of $13.25 per square foot, with warehouse space at $12 PSF and office space at $16 PSF. The property's flexible layout and prime location make it an ideal choice for companies seeking long-term growth and a strategic business address in the thriving Newport News market. The zip code is 23606. This is a multi-tenant building. Don't miss this chance to secure your ideal workspace in this dynamic business park.

    Property Features for 809 Diligence Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,450 SF
    Total Rate
    16450

    Unit(s) available at that property

    Space
    Size
    16,450 SF
    Rate per SF
    $16

    HighLights

    • 16,450 SF flex/R&D space available in Newport News, VA (23606).
    • Minimum divisible space of 8,225 SF in a new construction building.
    • Located in Oyster Point Business Park with ample parking.
    • Easy access to I‑64 and Route 17.
    • Build‑to‑suit options (30‑100% office).
    • Competitive lease rates starting at $13.25/SF (blended); $12/SF warehouse, $16/SF office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.465278
    Latitude
    37.084402

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    FAQs

    What type of property is this?
    Life science property - Modern Flex/R&D Space in Oyster Point
    Where is this life science property located?
    The property is located at 809 Diligence Dr Newport News, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 16,450 SF flex/R&D space available in Newport News, VA (23606).; Minimum divisible space of 8,225 SF in a new construction building.; Located in Oyster Point Business Park with ample parking.
    Request Owner's contact information
    809 Diligence Dr Newport News, VA 23606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    809 Diligence Dr Newport News, VA 23606
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