11803 Jefferson Ave Newport News, VA 23606
Property profile & analytics
11803 Jefferson Ave, Newport News, VA 23606
- Commercial real estate
- 63,824 SF
- 6.89 lot acres
Property ID
US87-1359875
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
- 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
Property Details for 11803 Jefferson Ave
- Year built
- 2002
- Construction
- FRAME
- Lot size
- 6.89 lot acres
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 194000203
- APU
- 194000203
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,010,000
- 6.5%
- $10,165,000
- 7%
- $9,435,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,836,000
- AI Estimate
- $11,939,000
Market price range: $6.05M - $12.8MMarket price range: $2.12M - $11.9M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $8,445,000 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
- -76.4832
- 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
$184,506
$5,251,500
$9,216,100
$14,467,600
-
$5,251,500
$9,216,100
$14,467,600
