Property profile & analytics
12571 Jefferson Ave Newport News, VA 23602-4313
- Commercial real estate
- 5,697 SF
- 1.58 lot acres
OFF-MARKET
Value Estimations
$985,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-1130905
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.
Current Use by Public Records
- Chili's Grill & Bar / Restaurant
- It's Just Wings / Restaurant
Property Details for 12571 Jefferson Ave
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 1.58 lot acres
- Property size
- 5,697 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 110000111
- APU
- 110000111
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $985,000
- 6.5%
- $905,000
- 7%
- $840,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $837,000
Market price range: $151k - $838k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,110,000 Current use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Longitude
- -76.515
- Latitude
- 37.1312
- 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
$37,008
$1,928,800
$828,800
$2,757,600
-
$1,928,800
$828,800
$2,757,600
