11837 Rock Landing Dr, Newport News, VA 23606
- Industrial properties
- 28,560 SF
- 1.50 lot acres
Current Use by Public Records
- 1-800 Office Solutions / Computer & Electronic Repair
- Goodrich & Watson Insurers, Inc. / Insurance Agency
- AH Environmental Consultants / Environmental Consultant / Environmental Engineer
- Gannett Fleming, Inc. / Construction Company
- LMI / Advertising Agency / Marketing & Advertising
Property Details for 11837 Rock Landing Dr
- Year built
- 2009
- Construction
- FRAME
- Lot size
- 1.50 lot acres
- Zone code
- C4
- Property type
- Industrial properties
- APN
- 185000313
- APU
- 185000313
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 19, 2007 | — | Cedars Enterprises LLC | — | Deed Of Trust · related | $4.2M · Bay Community Bank |
| Sep 21, 2004 | $300,000 | Cedars Ents LLC | Economic Dev Authority Of Newport | Grant Deed | $100k · Economic Dev Authority/newport |
Description
Cedar Two, located at 11837 Rock Landing Drive in the Oyster Point submarket of Newport News, Virginia, offers exceptional office space for lease. This three-story Class B building totals 28,560 square feet and features a traditional office layout suitable for various business needs. Currently, there are multiple suites available, with the smallest being 1,516 square feet and the largest contiguous space measuring 2,372 square feet. The minimum divisible space is also 2,372 square feet. The building boasts ample parking, ensuring convenient access for employees and clients. Its strategic location provides easy access to major interstates and the airport, enhancing its appeal for businesses requiring convenient transportation links. The building's construction is of high quality, reflecting a commitment to providing a professional and comfortable work environment. The property is ideally suited for businesses seeking long-term leases and has a history of strong credit tenants. The zip code is 23606. This presents a compelling opportunity for businesses seeking well-maintained office space in a desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,140,000
- 6.5%
- $2,900,000
- 7%
- $2,690,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,699,000
- AI Estimate
- $2,850,000
Market price range: $2.16M - $3.70MMarket price range: $778k - $3.61M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,970,000 Current use
- COMMERCIAL (GENERAL)
- $3,780,000 Change: +27% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Longitude
- -76.4667
- Latitude
- 37.0919
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
