Property profile

11504 Jefferson Ave Newport News, VA 23601

OFF-MARKET
Commercial real estate
Property ID
US87-2562510
3,042 SF 0.97 ac lot Built 2017
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Total area 3,042 SF
Lot 0.97 ac (42,123 SF)
Zoning code C1
APN 223000253
UPID US87-2562510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Home Health Care Service
  • Postal Service Courier Service
  • Bank Credit Union
  • Construction Company

Location

11504 Jefferson Ave Newport News, VA 23601-1931
Newport News metro Census 31602 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
$485k
Comparable Approach Comparable
$657k
Blend (final) Blend
$510k

Owner & transaction history

since 2016
3 recorded transactions
2016
$425,000
2015
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Newport News, VA
Zoning description

om the content or provision of the data. Fort Eustis JLUS Study Area Fort Eustis City of Newport News Boundary County Boundary York County Zoning EO GB IG IL LB NB PD R7 R13 R20 R33 RMF RR RC WCI YVA Newport News Zoning…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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