10764 Jefferson Ave Newport News, VA 23601
- Commercial land
- 7,191 SF
- 1.12 lot acres
Current Use by Public Records
- Zen Bathroom Remodeling of Newport News VA / Bathroom Remodeler
Property Details for 10764 Jefferson Ave
- Year built
- 1974
- Lot size
- 1.12 lot acres
- Property size
- 7,191 SF
- Zone code
- C1
- Property type
- Commercial land
- APN
- 248000137
- APU
- 248000137
Description
This exceptional 1.12-acre commercial parcel, located at 10764 Jefferson Avenue in Newport News, Virginia (zip code 23601), presents a unique investment opportunity. Priced attractively below assessed value at $425,000, this land is ideally suited for retail development. Its prime location offers excellent visibility and accessibility, boasting close proximity to a variety of existing retail outlets, restaurants, and other businesses. The property features an existing pylon sign, providing immediate branding potential for future tenants. The 1.12-acre lot size provides ample space for a variety of development options, catering to diverse business needs. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving Newport News location. The property's strategic positioning ensures high foot traffic and strong visibility, making it an ideal investment for both established businesses and new ventures seeking a prominent presence in a bustling commercial area. The existing infrastructure and convenient location minimize development hurdles, promising a streamlined and efficient project timeline. Serious inquiries are encouraged to explore this exceptional investment opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Longitude
- -76.4618
- Latitude
- 37.0538
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
