711 Brick Kiln Blvd Newport News, VA 23602
- Commercial real estate
- 18,400 SF
- 2.05 lot acres
Current Use by Public Records
- Little Light House Care R&R / Day Care Center
- Lazer Beatz Lounge / Entertainer
- Hilson Beauty Salon / Beauty Salon / Nail Salon
Property Details for 711 Brick Kiln Blvd
- Year built
- 2006
- Construction
- FRAME
- Lot size
- 2.05 lot acres
- Property size
- 18,400 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 132000203
- APU
- 132000203
Description
Masters Crossing, located at 711 Brick Kiln Blvd in Newport News, Virginia (zip code 23602), offers exceptional medical office space for lease. This C-1 zoned property in Newport County boasts a total of 18,400 square feet, with 11,500 square feet currently available. The building is a multi-tenant property, ideal for a variety of medical practices or related businesses. Flexible space options are available, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 12,000 square feet, allowing for customization to suit individual needs. The property's classification includes both retail and office space, reflecting its versatility and potential for diverse uses within the medical field or complementary retail businesses. Its prime location in Newport News provides excellent visibility and accessibility for patients and clients. This is a unique opportunity to secure high-quality medical office space in a thriving community. The property is categorized as a shopping center and medical office building, offering a blend of commercial and medical uses. Interested parties should inquire about available space and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,710,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,470,000
- 6.5%
- $1,505,000
- 7%
- $1,465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,495,000
- Geo Method
- $1,510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,315,000
- Retail
- $1,415,000
- Mixed-Use
- $1,360,000
- Hospitality
- $1,275,000
- Educational
- $1,435,000
- Residential Income
- $1,385,000
- Energy
- $1,600,000
- Income-Based Land
- $1,480,000
- Food Service
- $1,420,000
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Longitude
- -76.4978
- Latitude
- 37.1188
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
