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Property profile & analytics

2700 Washington Ave Newport News, VA 23607

  • Commercial real estate
  • 18,085 SF
  • 0.52 lot acres
For Lease
Last Sale
Dec 18, 2020
$460,000
Value Estimations
$400,000
Cap Rate Potential
Location Intelligence
Property ID
US87-0284423
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

  • Blalock David G / Apartment Building

Property Details for 2700 Washington Ave

Year built
1974
Construction
FRAME
Lot size
0.52 lot acres
Property size
18,085 SF
Zone code
C3
Property type
Commercial real estate
APN
311030212
APU
311030212

Description

This exceptional 10,000 square foot office building in vibrant downtown Newport News, Virginia, offers multiple tenancy options. Six individual suites are currently available, ranging in size from a highly efficient 580 square feet to a spacious 1,595 square feet. The entire 10,000 square foot building is also available for lease. The property is ideally situated at 2700 Washington Ave, Newport News, VA 23607. Its prime location provides excellent visibility and accessibility. A unique opportunity exists for a drive-thru establishment, such as a sandwich shop or coffee cafe, given the building's design. The building's layout is well-suited for general office use, with adaptable spaces to accommodate various business needs. Whether you require a small, efficient workspace or a larger, expansive office, this property offers a flexible and convenient solution. The building's total square footage is 10,000 square feet, with a minimum divisible space of 580 square feet. Currently, the entire 10,000 square feet is vacant and ready for immediate occupancy. This presents a rare chance to secure a prominent location in a thriving downtown area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $400,000
    ML approach
    $370,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newport News
County
Newport News City
State
Virginia
Longitude
-76.4308
Latitude
36.9794
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
$8,541
$135,000
$443,100
$578,100
-
$135,000
$443,100
$578,100
More about this property
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