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    FOR LEASE
    Industrial land

    809 Diligence Dr, Newport News, VA 23606

    1.66 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US87-1163726
    Property summary
    AI-generated overview

    This exceptional flex/R&D space, located at 809 Diligence Drive in Newport News, Virginia, offers a unique opportunity for businesses seeking customizable space in a prime location. The property, zoned C4, boasts a total of 16,450 square feet, with a minimum divisible space of 8,225 square feet. This new construction building provides ample parking and is ideally situated within the vibrant Oyster Point Business Park. Its strategic location offers easy access to major transportation arteries, including Interstate 64 and J. Clyde Morris Boulevard (Route 17), ensuring seamless commutes and efficient logistics. The space is adaptable to various needs, accommodating build-outs ranging from 30% to 100% office space, making it perfect for businesses requiring a blend of office and warehouse/research and development areas. Lease rates are competitive, starting at a minimum blended rate of $13.25 per square foot, with warehouse space at $12 PSF and office space at $16 PSF. The property's flexible layout and prime location make it an ideal choice for companies seeking long-term growth and a strategic business address in the thriving Newport News market. The zip code is 23606. This is a multi-tenant building. Don't miss this chance to secure your ideal workspace in this dynamic business park.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 1.66 ac (72,310 SF)
    Zoning code C4
    APN 196000197
    UPID US87-1163726
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    TECH II LLC
    TECH II LLC
    Zoning & alternative use
    C4 · Newport News, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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