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    980 J Clyde Morris Blvd Newport News, VA 23601

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Retail Space Available Now

    Lot size:
    67,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Bayberry Village offers exceptional retail opportunities in a prominent location. This multi-tenant retail center boasts a total of 67,000 square feet of leasable space, providing ample room for a variety of businesses. Currently, two spaces are immediately available, each with a minimum leasable area of 1,200 square feet. The flexible layout allows for customization to suit individual tenant needs, making it ideal for businesses seeking a versatile and adaptable space. The center's strategic location ensures high visibility and accessibility for customers, contributing to strong foot traffic and potential for increased sales. This is an excellent chance to establish or expand your retail presence in a thriving commercial area. The property's size and multiple tenancy options provide a diverse and vibrant atmosphere, attracting a wide range of shoppers. The available spaces are ready for immediate occupancy, allowing for a quick and efficient start to your business operations. Don't miss this opportunity to secure a prime retail location in a high-traffic area. Contact us today to learn more about leasing options and to schedule a viewing. The property is well-maintained and offers a comfortable and inviting environment for both tenants and customers. The building's design and layout are optimized for maximum efficiency and functionality, ensuring a smooth and productive business operation.

    Property Features for 980 J Clyde Morris Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,000 SF
    Total Rate
    78166.67

    Unit(s) available at that property

    Space
    102
    Size
    1,200 SF
    Rate per SF
    $16
    Space
    118
    Size
    1,200 SF
    Rate per SF
    $14

    HighLights

    • Retail property totaling 67,000 square feet.
    • Multiple tenancy available.
    • Minimum divisible space of 1,200 square feet.
    • Two retail spaces currently available.
    • Prominent location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinstar Kiosk | Bitcoin ... Atm A Heavenly Florist Florist Guapo’s Mexican Grill Mexican Restaurant New CHina Express Chinese Restaurant Coastal Cremations Cremation Service

    Suggested Use

    Law Firm Restaurant Realty agency 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
    -76.4585596
    Latitude
    37.095297

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available Now
    Where is this retail property located?
    The property is located at 980 J Clyde Morris Blvd Newport News, VA.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 67,000 square feet.; Multiple tenancy available.; Minimum divisible space of 1,200 square feet.
    Request Owner's contact information
    980 J Clyde Morris Blvd Newport News, VA 23601
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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
    980 J Clyde Morris Blvd Newport News, VA 23601
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