Property profile

908 Lucas Creek Rd Newport News, VA 23608

FOR SALE
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Property ID
US87-1312426
4,911 SF 0.51 ac Built 1982
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
908 Lucas Creek Rd, Newport News, VA 23608 For Sale
Contact for pricing 4,911 SF
908 Lucas Creek Rd, Newport News, VA 23608
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Property summary

AI-generated overview

This retail property is located in Newport News, Virginia, and provides 4,911 square feet of interior space. It is configured and suitable for retail use and related retail-oriented purposes.

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?
$5k
Tax billed · 2023
Assessed value$304k
Assessed land$67k
Assessed improvement$237k
Effective rate1.77%

Value estimate

· Nov 2026
$250k
$225k – $275k
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$2k
Operating expenses−$18k
NOI · 6.41% cap applied$41k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
ZIP average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$101 – $207
Qualifying comparables8

Cap rate analysis

How does the asset earn?
6.41%
$41k 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?
C1
The intent of this zone is to establish district regulations for business uses including offices, retail sales, retail services, business...
General categoryCOMMERCIAL
JurisdictionNEWPORT NEWS 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 agency18.8
Law Firm18.7
Dental Office16.3

Location

908 Lucas Creek Rd Newport News, VA 23608
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
393 Denbigh, Newport News, VA 23608-3758 $335,000 Jun 2024 6,501 SF
9 Reservoir, Newport News, VA 23608-1138 $1,100,000 Jun 2024 5,319 SF
15650 Warwick, Newport News, VA 23608-2117 $600,000 May 2024 3,240 SF
14700 Warwick, Newport News, VA 23608-3610 $662,000 Apr 2023 4,437 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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