11710 Jefferson Ave Newport News, VA 23606
Property profile & analytics
11710 Jefferson Ave Newport News, VA 23606
- Commercial real estate
- 84,532 SF
- 8.31 lot acres
Property ID
US87-0416441
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.
Location Intelligence
Current Use by Public Records
- Los Paisas Locos / Restaurant
- Al Fresco / Restaurant
- Seafood shack / Restaurant
- Super China / Restaurant
- T-Nail / Nail Salon
Property Details for 11710 Jefferson Ave
- Year built
- 1987
- Lot size
- 8.31 lot acres
- Property size
- 84,532 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 204000483
- APU
- 204000483
Description
Oyster Point Square, located at 11710 Jefferson Ave in Newport News, Virginia (zip code 23606), offers exceptional retail and restaurant opportunities. This vibrant shopping center boasts a total of 83,089 square feet across two suites, situated on a generous 9.51-acre lot. Currently, 4,000 square feet of space is available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 2,400 square feet. The property is zoned C1 and is located in Warwick County. The center has recently undergone improvements to its common areas, enhancing the shopping experience for customers. Existing tenants include established businesses such as Chase Bank, Waffle House, and Fit Body Boot Camp (opened in 2024), along with popular dining options like Al Fresco and Nawab, and other service-based retailers. This strong tenant mix ensures consistent daily foot traffic, creating a prime location for new businesses seeking high visibility and a thriving customer base. The property's strategic location and established tenant roster present a compelling investment opportunity for businesses seeking a well-established and thriving retail environment in Newport News.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,580,000
- 6.5%
- $13,460,000
- 7%
- $12,500,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,359,000
- AI Estimate
- $8,783,000
Market price range: $8.02M - $17.0MMarket price range: $2.81M - $15.8M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $11,185,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Longitude
- -76.4769
- Latitude
- 37.08
- 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
$137,454
$4,704,800
$4,934,400
$9,639,200
-
$4,704,800
$4,934,400
$9,639,200
