3606 Acorn Ave Newport News, VA 23607-3230
This exceptional 22,800-square-foot industrial warehouse in Newport News, VA, presents a rare investment opportunity. Located at 3606 Acorn Ave, this single-tenant property boasts a prime location within a well-established industrial hub, zoned M-1. The building, completely renovated in 2024, features 8 loading docks with 8 dock-high doors, providing efficient and convenient access for loading and unloading. Ceiling heights range from 11 to 16 feet, offering ample vertical space. The property includes approximately 1.2 acres of fenced yard space on a 2-acre site, providing extensive outdoor storage capabilities. The warehouse itself comprises approximately 17,500 square feet, complemented by approximately 5,300 square feet of office space. The building's former use as a food distribution center means it's equipped with refrigeration units throughout, readily adaptable for use as fully or partially conditioned space, or as a cold storage facility. A new fire detection and security system has been installed. The property benefits from 800 amp, 3-phase power. Lease terms are available, with a potential for lease-to-own arrangements. NNN rates are standard for office/warehouse space, with rates for conditioned or refrigerated space to be determined based on specific tenant requirements.
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Produce Source Partners Agricultural Supply Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Newport News, VANewport News. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.