Property profile

703 City Ctr Blvd Newport News, VA 23606

OFF-MARKET
Industrial properties
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Property ID
US87-1336063
93,047 SF 5.1 ac Built 1984
Last sale Sep 2019·$5,768,855
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$94k
Tax billed · 2023
Assessed value$6.93M
Assessed land$902k
Assessed improvement$6.03M
Effective rate1.36%

Value estimate

· Nov 2026
$7.38M
$6.64M – $8.12M
CAP approach$9.45M
Submarket $/SF estimate$7.79M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$76 – $130

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?
C5
The purpose of this zone is to establish district regulations creating the Oyster Point Business/Manufacturing district which is proposed...
General categoryINDUSTRIAL
JurisdictionNEWPORT NEWS CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.8
Pharmacy12.4
Pawn Shop12.3

Location

703 City Ctr Blvd Newport News, VA 23606-2551
County assessor Recorded deeds · 3 transfers 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
733 Bluecrab, Newport News, VA 23606-2548 $1,650,000 Dec 2025 15,548 SF
745 Bluecrab, Newport News, VA 23606-4527 $1,375,000 May 2023 16,080 SF
11839 Rock Lndg, Newport News, VA 23606-4207 $2,875,000 Feb 2023 24,526 SF
343 Bell King, Newport News, VA 23606-1341 $1,700,000 Apr 2022 28,389 SF
11835 Canon, Newport News, VA 23606-2570 $2,450,000 Nov 2021 24,492 SF
720 Thimble Shls, Newport News, VA 23606-4537 $4,950,000 Sep 2020 82,397 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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Includes: Price & PSF · Cap rate · Location · Zoning

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