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    6065 Jefferson Ave Newport News, VA 23605

    Sponsored
    For Sale
    $950,000

    Prime Commercial Land, Newport News, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.98-acre commercial land parcel, located at 6065 Jefferson Avenue in Newport News, Virginia (zip code 23605), presents a compelling investment opportunity. Zoned C-2, this property offers significant potential for a variety of commercial developments. The asking price is $950,000. Its strategic location provides excellent visibility and accessibility, situated at a signalized intersection ensuring high traffic flow and convenient access for customers and employees. The property's proximity to a Walmart Supercenter further enhances its desirability and potential for strong returns. The 0.98-acre lot provides ample space for construction, allowing for flexibility in design and development plans. This prime location in Newport News, Virginia, offers a unique chance to capitalize on a thriving commercial market. The C-2 zoning allows for a wide range of commercial uses, making this property suitable for various business ventures. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to acquire a highly desirable commercial land parcel in a prime location with excellent visibility and access. Serious inquiries only.

    Property Features for 6065 Jefferson Ave

    General Information

    Property type
    Land
    Lot Size
    42,689 SF

    HighLights

    • High‑visibility corner location with excellent access at a signalized intersection.
    • Prime location with high traffic counts and strong visibility.
    • Building features ample parking for tenants and visitors.
    • The property offers flexible floor plans to accommodate various business needs.
    • Located in a thriving commercial corridor with strong tenant demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -76.444333
    Latitude
    37.0180849

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Newport News, VA
    Where is this land located?
    The property is located at 6065 Jefferson Ave Newport News, VA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: High-visibility corner location with excellent access at a signalized intersection.; Prime location with high traffic counts and strong visibility.; Building features ample parking for tenants and visitors.
    (757) 640-9290
    Request Owner's contact information
    6065 Jefferson Ave Newport News, VA 23605
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    Newport News, VA 23605
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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
    6065 Jefferson Ave Newport News, VA 23605
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