601 Thimble Shoals Blvd Newport News, VA 23606
This exceptional 18,000 square foot mixed-use development, slated for completion in 2025, presents a unique investment opportunity in Newport News, Virginia. Located at the highly visible corner of Thimble Shoals Boulevard and Jefferson Avenue, this Class A property offers flexible spaces ranging from 1,200 to 18,000 contiguous square feet, ideal for medical offices, creative office spaces, or retail tenants. Currently entirely vacant, this development boasts prime positioning at the entrance to City Center, a thriving area with over 600 residences. Benefit from excellent visibility and accessibility, with over 55,000 vehicles passing daily on Jefferson Avenue. The strong local workforce, encompassing 79,530 individuals within a 5-mile radius and 22,000 within Oyster Point's Business District, ensures a robust potential tenant pool. This redevelopment project offers a chance to establish a presence in a rapidly growing area with significant foot traffic and high visibility. The property is zoned for retail, office, and restaurant uses, providing versatility for a variety of businesses. Contact us today to learn more about this exciting opportunity.
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Manhattan's NY Deli and Pub Restaurant
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Cowardin and Kim Law Firm
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Riddle & Hanna, PLC Law Firm
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Fulton Bank Bank Loan Service
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T-Mobile Mobile Phone Store Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.