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12725 Mcmanus Blvd Newport News, VA 23602

Commercial real estate Google Maps
4,086 SF 0.06 ac lot Built 1989
Entity Owned 2-yr Hold ~ Est. High Equity
12725 Mcmanus Blvd, Newport News, VA 23602 For Lease
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12725 Mcmanus Blvd, Newport News, VA 23602
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Estimated value (blended)
$445k
Range $401k – $490k (±10%)
Property ID US87-1194884

Property summary

AI-generated overview

This exceptional 4,086 square foot creative office condominium, located at 12725 McManus Blvd in Newport News, Virginia, presents a unique investment opportunity. Built in 1989, this single-unit property boasts a functional modern layout, previously configured for a dental or orthodontic practice, making it ideal for a variety of professional uses. The asking price is $550,000, translating to $134 per square foot. The property is conveniently situated on McManus Boulevard, directly across from Mary Immaculate Hospital and near the intersection of Jefferson Avenue and Denbigh Boulevard, offering excellent visibility and signage opportunities. A significant advantage is the ample and convenient parking, providing 5.19 spaces per 1,000 square feet. The 0-1 zoning permits a wide range of uses, including medical and dental practices, veterinary clinics, schools, professional offices, computer sales and service, outpatient care clinics, optician services, physical therapy facilities, and daycare centers. Its proximity to Newport News/Williamsburg International Airport (a 4-minute drive) further enhances its appeal. This property offers a blend of convenience, functionality, and versatility, making it an attractive investment in a thriving location. The zip code is 23602.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction FRAME
Total area 4,086 SF
Lot 0.06 ac (2,614 SF)
Zoning code O1
APN 90000601
UPID US87-1194884

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Physician
  • Foster Care Service Social Service Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2024
Last sale
$445,000
3 recorded transactions
2024
$445,000
2015
Price N/A
2010
Price N/A

Zoning & alternative use

O1 · Newport News, VA
Zoning description

nt or provision of the data. Fort Eustis JLUS Study Area Fort Eustis City of Newport News Boundary County Boundary York County Zoning EO GB IG IL LB NB PD R7 R13 R20 R33 RMF RR RC WCI YVA Newport News Zoning C1 C2 M1 M2…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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