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    671 J Clyde Morris Blvd Newport News, VA 23601

    Sponsored
    For Lease
    $18 SF/Yr ($16,963 /Mo)

    High-traffic retail space, 11,309 sq ft.

    Lot size:
    11,309 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,309-square-foot retail space is ideally situated at the highly visible, signalized intersection of J Clyde Morris Boulevard and Dusk Court/Woods Road in Newport News city. Benefitting from a strategic location between Interstate 64 and Jefferson Avenue, this property boasts impressive daily traffic counts of 38,498 vehicles. Built in 1996, the single-tenant building offers ample parking with 47 spaces, a convenient double drive-thru with a canopy, and a prominent pylon sign for maximum brand exposure. The C-1 zoning designation provides flexibility for a variety of retail uses. The entire 11,309 square feet is currently vacant, presenting a unique opportunity for a business seeking a high-visibility location with excellent accessibility. The property's location within an enterprise zone may offer additional economic incentives. This is a turnkey opportunity for a business looking to establish a strong presence in a high-traffic area of Newport News. The existing infrastructure, including the drive-thru and ample parking, makes this space particularly well-suited for businesses requiring convenient customer access. The pylon signage ensures excellent visibility from the busy intersection. This property represents a rare chance to secure a prime retail location in a thriving area.

    Property Features for 671 J Clyde Morris Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,309 SF
    Total Rate
    16963.5

    Building Details

    Year Built
    1996

    Unit(s) available at that property

    Space
    Available space
    Size
    11,309 SF
    Rate per SF
    $18

    HighLights

    • 11,309 SF retail building available for lease.
    • High‑traffic location with 38,498 vehicles per day (VPD).
    • Located at a signalized intersection.
    • 47 parking spaces.
    • Double drive‑thru with canopy.
    • Pylon signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banyo Ndanga Pharmacy Hieu Bui Pharmacy Coinhub Bitcoin ATM ... Atm Western Union Money Transfer Service higi Health Consultant

    Suggested Use

    Restaurant Law Firm Realty agency 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
    Newport News city
    State
    Virginia
    Longitude
    -76.470611
    Latitude
    37.0762254

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 11,309 sq ft.
    Where is this retail property located?
    The property is located at 671 J Clyde Morris Blvd Newport News, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 11,309 SF retail building available for lease.; High-traffic location with 38,498 vehicles per day (VPD).; Located at a signalized intersection.
    Request Owner's contact information
    671 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
    671 J Clyde Morris Blvd Newport News, VA 23601
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