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Property profile & analytics
FOR LEASE
Commercial real estate

11803 Jefferson Ave Newport News, VA 23606

63,824 SF 6.89 ac lot Built 2002
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-1359875
Property summary
AI-generated overview

This exceptional Class A medical office space, located within the prestigious Sentara Port Warwick Medical Campus in Newport News, Virginia, offers three available suites ranging from 2,344 to 4,669 square feet of shell space. The building boasts a total of 18,850 square feet and features beautiful modern brick architecture situated in a park-like setting. Its convenient location off Jefferson Avenue provides easy access to City Center at Oyster Point and The Tech Center, enhancing visibility and accessibility for patients and staff. The campus benefits from its proximity to I-64, ensuring convenient commutes. Ample surface parking is readily available for patients and employees. On-site amenities include an emergency department and an advanced imaging center, providing comprehensive healthcare services within the complex. This vibrant, mixed-use community offers a live-work-play environment, attracting a diverse and thriving patient base. A generous landlord allowance for tenant improvements is available, allowing for customization to meet specific practice needs. This is a unique opportunity to establish or expand a medical practice in a highly desirable and well-established medical campus. The property is located at 11803 Jefferson Ave, Newport News, VA 23606.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Construction FRAME
Total area 63,824 SF
Lot 6.89 ac (300,085 SF)
Zoning code C1
APN 194000203
UPID US87-1359875
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Children's Clinic at Port Warwick Pediatrician Medical Clinic
  • Cosmetic & Plastic Surgery Physician Medical Clinic
  • Schuler III Frank a MD Physician Medical Clinic
  • Gursharn Rakhra, MD Physician
  • Colonial Gastroenterology Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.17M
Comparable Approach Comparable
$12.84M
Blend (final) Blend
$11.65M
Owner & transaction history
Mpb INC · 1 yrs held
Mpb INC
since 2025
5 recorded transactions
2025
Price N/A
2023
$2.6M
2019
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Newport News, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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