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Property profile & analytics

1020 Loftis Blvd Newport News, VA 23606

  • Commercial land
  • 0.79 lot acres
Value Estimation
Location Intelligence
Property ID
US87-3690780
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

  • Commercial land

Property Details for 1020 Loftis Blvd

Lot size
0.79 lot acres
Zone code
C1
Property type
Commercial land
APN
194000213
APU
194000213

Description

This exceptional 0.79-acre commercial land parcel presents a prime development opportunity in Newport News, Virginia. Located at 1020 Loftis Blvd, this property boasts a highly desirable C1 zoning designation, offering flexibility for a variety of commercial uses. Its strategic location at the entrance to the award-winning Port Warwick community ensures high visibility and accessibility. Port Warwick itself is a thriving mixed-use development featuring a blend of retail, medical, office spaces, townhomes, and apartments centered around a three-acre green space. The site is ideally suited for medical, office, or retail development and can accommodate a substantial two-story building of up to 10,000 square feet. Adding to its appeal, the property enjoys a highly convenient location directly across the street from the Sentara Port Warwick Medical Campus, enhancing its potential for medical-related businesses. Furthermore, its proximity to City Center @ Oyster Point (less than half a mile) and Interstate 64 (less than two miles) provides excellent access to major transportation arteries and a wide range of amenities. The asking price for this exceptional property is $795,000. Don't miss this chance to acquire a premier commercial site in a flourishing community.

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
-76.4846
Latitude
37.0856
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
$6,486
$549,700
$0.00
$549,700
-
$549,700
$0.00
$549,700
More about this property
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