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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2714 Jefferson Ave Newport News, VA 23607

0.8 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This brand-new, 1,420-square-foot retail space is located on Jefferson Avenue in the vibrant Downtown Newport News submarket of the Peninsula. Situated on the first floor of a four-story, 2023-built mixed-use building, this single-tenant space offers a private bathroom and its own dedicated entrance, ensuring privacy and convenience. The property sits on a 0.797-acre lot and is zoned C1, providing flexibility for a variety of retail uses. The building itself is a modern structure, offering a contemporary aesthetic. Utilities are tenant-responsible, including electricity, water, and sewer. The address is 2714 Jefferson Ave, Newport News, VA 23607, conveniently located near the intersection of Jefferson Avenue and 28th Street. This prime location within the Downtown Newport News submarket offers excellent visibility and accessibility for customers. The property's Assessed Parcel Number (APN) is 306.03-03-09. This exceptional opportunity presents a chance to establish a thriving business in a rapidly developing area. The space is currently vacant and ready for immediate occupancy. This is an ideal location for businesses seeking high foot traffic and a strong presence in the heart of Newport News.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Lot 0.8 ac (34,717 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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