Property profile

12625 Jefferson Ave Newport News, VA 23602

OFF-MARKET
Commercial real estate
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Property ID
US87-0826013
96,747 SF 9.49 ac Built 1996
Last sale Jun 2024·$21,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$201k
Tax billed · 2023
Assessed value$14.56M
Assessed land$7.03M
Assessed improvement$7.53M
Effective rate1.38%

Value estimate

· Nov 2026
$21.90M
$19.71M – $24.09M
AI approach$21.90M
CAP approach$15.41M
Submarket $/SF estimate$18.84M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$195/SF
ZIP average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$93 – $311

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
The intent of this zone is to establish district regulations for a broad spectrum of general business uses including offices, retail sale...
General categoryCOMMERCIAL
JurisdictionNEWPORT NEWS CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.1
Locksmith9.0
Bakery8.7

Location

12625 Jefferson Ave Newport News, VA 23602-4315
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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
12500 Jefferson, Newport News, VA 23602-4314 $28,000,000 May 2025 62,420 SF
12490 Jefferson, Newport News, VA 23602-4312 $28,000,000 May 2025 152,965 SF
2 Ridgewood, Newport News, VA 23602-4415 $10,374,900 Apr 2024 44,605 SF
200 Arthur, Newport News, VA 23602-9444 $5,000,000 Mar 2024 70,785 SF
500 Operations, Newport News, VA 23602-6989 $5,625,000 Jan 2024 35,288 SF
12255 Hornsby, Newport News, VA 23602-6987 $2,700,000 Dec 2023 36,751 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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Includes: Price & PSF · Cap rate · Location · Zoning

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