Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

5201 Mercury Blvd Newport News, VA 23605

FOR LEASE
Shopping centers
Property ID
US87-2378002
36,198 SF 16.48 ac lot Built 1956
Last sale Nov 2003 · $11,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

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…

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?
$119k
Tax billed · 2023
Assessed value · 2024$6.58M
Assessed land$4.35M
Assessed improvement$2.23M
Effective rate1.81%

Value estimate

· Oct 2026
$1.17M
$1.05M – $1.29M
NOI build-up
Gross scheduled income$13k
Vacancy & credit loss−$343
Operating expenses−$4k
NOI · 86,540.00% cap applied$9k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
86,540.00%
$9k 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?
14 C-2 LIMITED COMMERCIAL
JurisdictionHAMPTON 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 agency38.6
Building Supply34.3
Dental Office32.7

Location

5201 Mercury Blvd Newport News, VA 23605
County assessor Recorded deeds · 1 transfer 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

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
5200 Mercury, Newport News, VA 23605-1445 $400,000 Jan 2024 No data
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
3 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved