Financial
Distress signals
Property profile

11803 Jefferson Ave Newport News, VA 23606

FOR LEASE
Commercial real estate
Property ID
US87-1359875
63,824 SF 6.89 ac lot Built 2002
Last sale Apr 2023 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$185k
Tax billed · 2023
Assessed value$14.47M
Assessed land$5.25M
Assessed improvement$9.22M
Effective rate1.28%

Value estimate

· Sep 2026
$11.65M
$10.48M – $12.81M
CAP approach$10.17M
Submarket $/SF estimate$12.84M
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$8k
Operating expenses−$33k
NOI · 213,978.26% cap applied$49k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$95 – $201

Cap rate analysis

How does the asset earn?
213,978.26%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
The intent of this zone is to establish district regulations for business uses including offices, retail sales, retail services, business...
General categoryCOMMERCIAL
JurisdictionNEWPORT NEWS CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop10.6
Bakery10.5
Laundry Service9.5

Location

11803 Jefferson Ave Newport News, VA 23606
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
135 Kingstowne, Newport News, VA 23606 $3,425,000 May 2025 43,024 SF
703 Thimble Shls, Newport News, VA 23606-2576 $3,000,000 Sep 2024 23,093 SF
804 Omni, Newport News, VA 23606-4422 $2,300,000 Jun 2024 19,720 SF
601 Thimble Shls, Newport News, VA 23606-2593 $4,025,000 May 2024 29,751 SF
101 Philip Roth, Newport News, VA 23606-1393 $2,900,000 Apr 2024 13,542 SF
109 Philip Roth, Newport News, VA 23606-1393 $2,800,000 Apr 2024 12,971 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message