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Property profile & analytics

12080 Jefferson Ave Newport News, VA 23606

  • Commercial real estate
  • 210,585 SF
  • 32.06 lot acres
Value Estimation
Location Intelligence
Property ID
US87-0534445
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • MOOYAH Burgers, Fries & Shakes / Hamburger Restaurant / American Restaurant
  • Benefit Cosmetics BrowBar / Beauty Salon / Beauty Supply Store
  • Amrita, Inc / Employment Agency
  • European Wax Center / Waxing Hair Removal Service / Beauty Salon
  • DSW Designer Shoe Warehouse / Shoe Store / Fashion Accessories Store

Property Details for 12080 Jefferson Ave

Year built
2016
Lot size
32.06 lot acres
Property size
210,585 SF
Zone code
R9
Property type
Commercial real estate
APN
162000202
APU
162000202

Description

This exceptional retail opportunity, Marketplace at Tech Center, is located in Newport News, Virginia, within the thriving 100-acre Tech Center development. The property boasts a total of 230,000 square feet, offering multiple tenancy options within eight suites. Individual spaces range from a minimum of 1,142 square feet to a maximum contiguous space of 3,000 square feet. Currently, 14,701 square feet are available for lease. Situated at 12080 Jefferson Ave, Newport News, VA 23606, this prime location benefits from its proximity to the Thomas Jefferson National Accelerator Facility and is part of a larger $250 million development encompassing retail, residential, and commercial spaces, as well as a technology and research center. The ongoing expansion of the Tech Center, including a significant 600,000 square-foot addition to the corporate research center, promises continued growth and increased foot traffic. This development is designed to create a vibrant lifestyle community, catering to diverse needs from daily errands to dining and entertainment options. The property presents a unique chance to establish a business within a dynamic and expanding area. This is an excellent opportunity for businesses seeking high visibility and access to a substantial customer base in a rapidly growing area of Warwick County.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Newport News
County
Newport News City
State
Virginia
Longitude
-76.4902
Latitude
37.1029
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
$874,356
$25,134,500
$46,293,000
$71,427,500
-
$25,134,500
$46,293,000
$71,427,500
More about this property
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