703 Gum Rock CtNewport News, VA 23606

  • Industrial properties
  • 3,210 SF
For Lease
$13.99/SF/YR View listing

Property Details for 703 Gum Rock Ct

Year built
1979
Lot size
0.72 AC
Property size (Sq ft)
3,210 SF
Zone code
C5
Property type
Industrial properties
Property subtype
Other industrial properties
APN
184000203
APU
184000203

Description

This exceptional 3,200-square-foot flex space, located at 703 Gum Rock Ct in Newport News, Virginia, presents a unique opportunity for businesses seeking a versatile and well-maintained property. The single-tenant building, classified as Class B, boasts a thoughtfully designed layout encompassing 2,200 square feet of office space and a 1,000-square-foot garage area complete with a convenient garage door. Constructed in 1980 and extensively renovated in 2020, the property offers a blend of modern amenities and classic functionality. The building is a single-story structure situated within the Oyster Point - Newport News Business District, providing excellent access to major transportation routes and a thriving business community. Ample parking is available in the fully enclosed and fenced back lot, ensuring security and convenience for tenants and their clients. This prime location offers significant advantages for businesses seeking a strategic presence in the Newport News market. The property is available for occupancy starting September 1, 2024. The zip code is 23606.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $739,435
    Hospitality
    $677,319
    Educational
    $563,521
    Medical
    $582,902
    Retail
    $876,588
703 Gum Rock Ct, Newport News, Virginia
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Location Insight

City
Newport News
County
Newport News City
State
Virginia
Latitude
37.0885
Longitude
-76.4797
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,362
$121,800
$373,800
$495,600
-
$121,800
$373,800
$495,600

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