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    580 City Center Blvd Newport News, VA 23606

    For Lease
    $23 SF/Yr

    Prestigious Office Space, Multiple Sizes Available

    Lot size:
    18,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional executive office space in Newport News, Virginia, offers three available suites ranging from 2,284 to 3,730 square feet within a larger 18,855 square foot building. Located at 580 City Center Blvd, zip code 23606, this property boasts a prime location with convenient access to major thoroughfares. The building's multiple tenancy structure provides a dynamic and collaborative environment. The suites are ideal for businesses seeking a professional and well-situated office space in the heart of Newport News. Enjoy easy access to City Center at Oyster Point, Jefferson Avenue, Warwick Boulevard, and Interstate 64, ensuring seamless commutes and convenient access to various amenities and services. The property is classified as an office building with executive office sub-type. This presents a unique opportunity for businesses of various sizes to establish a strong presence in a thriving commercial area. The building's total square footage is 18,855, distributed across multiple suites. This listing specifically highlights three available suites, providing flexibility for businesses with varying space requirements. Interested parties are encouraged to inquire about specific suite details and availability. The property's address is 580 City Center Blvd, Newport News, VA 23606.

    Property Features for 580 City Center Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,855 SF
    Total Rate
    36138.75

    Unit(s) available at that property

    Space
    2b
    Size
    3,730 SF
    Rate per SF
    $23
    Space
    3
    Size
    2,284 SF
    Rate per SF
    $23
    Space
    2c
    Size
    2,445 SF
    Rate per SF
    $23

    HighLights

    • High visibility from City Center Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -76.4863391
    Latitude
    37.0865408

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Office Space, Multiple Sizes Available
    Where is this office property / space located?
    The property is located at 580 City Center Blvd Newport News, VA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: High visibility from City Center Boulevard.; ;
    Request Owner's contact information
    580 City Center Blvd Newport News, VA 23606
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    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
    580 City Center Blvd Newport News, VA 23606
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