Property profile

398 Denbigh Blvd Newport News, VA 23608

FOR SALE
Commercial real estate
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Property ID
US87-3854611
2,400 SF 0.6 ac Built 1967
Last sale Mar 2023·$1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
398 Denbigh Blvd, Newport News, VA 23608 For Sale
$1,110,000 2,400 SF
398 Denbigh Blvd, Newport News, VA 23608
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$920k
Assessed land$653k
Assessed improvement$267k
Effective rate1.37%

Value estimate

· Nov 2026
$1.11M
$999k – $1.22M
AI approach$1.22M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$800
Operating expenses−$9k
NOI$20k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
ZIP average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$101 – $207
Qualifying comparables5

Cap rate analysis

How does the asset earn?
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
The intent of this zone is to establish district regulations for business uses including offices, retail sales, retail services, business...
General categoryCOMMERCIAL
JurisdictionNEWPORT NEWS CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency42.7
Law Firm33.7
Building Supply31.6

Location

398 Denbigh Blvd Newport News, VA 23608
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13130 Jefferson, Newport News, VA 23608-1307 $5,454,550 Jun 2025 1,907 SF
15207 Warwick, Newport News, VA 23608-2653 $260,000 Mar 2024 2,131 SF
365 Denbigh, Newport News, VA 23608-3732 $125,000 Feb 2024 2,822 SF
15412 Warwick, Newport News, VA 23608-1576 $320,000 Jul 2023 2,016 SF
15197 Warwick, Newport News, VA 23608-2632 $375,000 Apr 2023 2,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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