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Financial
Distress signals
Property profile

5200 Mercury Blvd Newport News, VA 23605

OFF-MARKET
Warehouses
Property ID
US87-0007299
90,936 SF 1.2 ac lot Built 1974
Last sale Mar 2023 · $12,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 17,574 square foot retail or office space presents a unique investment opportunity in the thriving Newmarket Fair shopping center in Newport News, Virginia. Located at 5200 W Mercury Blvd, zip code 23605, this end-cap space is carved from the former Sears building, offering high visibility and accessibility. The property sits on one acre of land and is zoned C-2, allowing for a variety of commercial uses. The space is part of a larger redevelopment project, with the eastern…

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?
$77k
Tax billed · 2023
Assessed value · 2024$8.40M
Assessed land$1.17M
Assessed improvement$7.23M
Effective rate0.91%

Value estimate

· Oct 2026
$13.26M
$11.93M – $14.59M
AI approach$8.91M
CAP approach$13.12M
Submarket $/SF estimate$10.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
County average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$50 – $131

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?
14 C-2 LIMITED COMMERCIAL
JurisdictionHAMPTON CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.7
Dental Office10.0
Law Firm9.7

Location

5200 Mercury Blvd Newport News, VA 23605-1445
County assessor Recorded deeds · not on file Qualifying 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9707 Jefferson, Newport News, VA 23605-1549 $1,400,000 Nov 2022 95,033 SF
5100 Chestnut, Newport News, VA 23605-2110 $2,492,000 Nov 2021 53,842 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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