Financial
Distress signals
Property profile

3606 Acorn Ave Newport News, VA 23607

OFF-MARKET
Industrial properties
Property ID
US87-0303585
22,997 SF 1.92 ac lot Built 1953
Last sale Sep 2025 · $1,410,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$1.09M
Assessed land$183k
Assessed improvement$903k
Effective rate1.66%

Value estimate

· Sep 2026
$650k
$585k – $715k
Sales comparison$1.37M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$95/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$74 – $138

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
The intent of this zone is to establish district regulations for light industrial activities.
General categoryINDUSTRIAL
JurisdictionNEWPORT NEWS CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage9.0
Nail Salon9.5
Gym & Fitness8.9

Location

3606 Acorn Ave Newport News, VA 23607-3230
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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