5201 Mercury Blvd Newport News, VA 23605
- Shopping centers
- 36,198 SF
- 16.48 lot acres
Current Use by Public Records
- Shopping centers
Property Details for 5201 Mercury Blvd
- Year built
- 1956
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 16.48 lot acres
- Property size
- 36,198 SF
- Zone code
- 14 C-2 LIMITED COMMERCIAL
- Property type
- Shopping centers
- Property subtype
- Specialty properties
- APN
- 03H001 00 00001B
- APU
- 03H0010000001B
Description
This prime retail opportunity is located at 5200 Mercury Blvd in Hampton, Virginia, within the Newmarket Shopping Center in Newport News County. The property is classified as Commercial, Junior Anchor, offering multiple tenancy options. The total building size encompasses 350,000 square feet. Currently, there are several available spaces ranging in size from a minimum of 1,028 square feet to a maximum of 32,675 square feet. This presents a unique chance for businesses seeking various sizes of retail space to establish or expand their operations. The property's location in a high-traffic area ensures significant visibility and accessibility for customers. The asking price is below market value, making this an attractive investment opportunity. The property's address is 5201 Mercury Blvd, Hampton, VA 23605. The property is situated at latitude 37.018727 and longitude -76.446636. This retail center offers a strong potential for growth and profitability due to its size, location, and competitive pricing. Interested parties should inquire about available space and lease terms. The property type is retail.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Hampton City
- State
- Virginia
- Longitude
- -76.4406
- Latitude
- 37.02
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
