Financial
Distress signals
Property profile

11747 Jefferson Ave Newport News, VA 23606

FOR LEASE
Other commercial real estate
Property ID
US87-0636173
802 SF 0.01 ac lot Built 1986
Last sale Jan 2026 · $95,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a small office unit totaling approximately 750 square feet in Newport News, Virginia. It is zoned C1 and configured as a professional office space suitable for uses such as an accountant, attorney, or other similar services. The unit includes a private restroom and comes with parking, and it is located near Town Center. The building includes an adjacent unit within the same suite, and the two units can be combined to create an approximately 1,500-square-foot space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$92k
Assessed land$14k
Assessed improvement$78k
Effective rate1.41%

Value estimate

· Sep 2026
$100k
$90k – $110k
NOI build-up
Gross scheduled income$13k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 43,784.21% cap applied$8k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$95 – $201
Qualifying comparables3

Cap rate analysis

How does the asset earn?
43,784.21%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
The intent of this zone is to establish district regulations for business uses including offices, retail sales, retail services, business...
General categoryCOMMERCIAL
JurisdictionNEWPORT NEWS CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery8.9
Pawn Shop8.8
Catering Service8.7

Location

11747 Jefferson Ave Newport News, VA 23606
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12618 Warwick, Newport News, VA 23606-2502 $350,000 Mar 2025 1,590 SF
12 Whittier, Newport News, VA 23606-2637 $107,000 Jan 2025 1,275 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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