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Property profile & analytics

1060 Loftis Blvd Newport News, VA 23606-2980

  • Commercial real estate
  • 715 SF
  • 0.02 lot acres
OFF-MARKET
Last Sale
Jul 24, 2020
$111,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-0786128
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

  • Deer Stand Studios / Corporate Office
  • Bird Dog Social, LLc / Corporate Office

Property Details for 1060 Loftis Blvd

Year built
2007
Construction
FRAME
Lot size
0.02 lot acres
Property size
715 SF
Zone code
R9
Property type
Commercial real estate
APN
194000401
APU
194000401

Description

This exceptional 715-square-foot office space is ideally situated in the vibrant Port Warwick area of Newport News, Virginia. Priced at $120,000, this property offers a compelling value proposition at $167.83 per square foot. The space features a modern, open layout, perfect for a variety of business needs. Included in the sale is a refrigerator. The existing furniture is available for negotiation, providing a seamless transition for the new owner. The property's address is 1060 Loftis Blvd, Newport News, VA 23606. This executive and traditional office space presents a fantastic opportunity for businesses seeking a well-located, functional, and move-in ready workspace. The property is categorized as both executive and traditional office space, offering flexibility in its potential uses. Its central location within Port Warwick ensures easy access to amenities and transportation. This is a turnkey opportunity to establish or expand your business in a thriving community. The sale price represents a strong investment in a desirable location. Don't miss this chance to acquire this well-priced and conveniently located office space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newport News
County
Newport News City
State
Virginia
Longitude
-76.4859
Latitude
37.0848
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
$1,489
$10,000
$103,700
$113,700
-
$10,000
$103,700
$113,700
More about this property
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