Individually Owned 
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Property summary
This exceptional 5.06-acre commercial land parcel is ideally situated at 950 Omni Boulevard in Newport News, Virginia, zip code 23602. Zoned C-4 (Hotel), this property presents a unique investment opportunity within the Oyster Point Industrial/office Park, a thriving business community recognized as the Peninsula's premier location. The site boasts unparalleled visibility from I-64 and the J Clyde Morris Blvd. exit, ensuring maximum exposure for any development. Its adjacency to the Magnuson… Hotel (formerly the Omni Hotel) further enhances its strategic position within a vibrant area featuring over two million square feet of office space, numerous hotels, shopping centers, a mall, and a concentration of banking, legal, and research facilities. The property's size and zoning allow for a wide range of development possibilities, making it an attractive prospect for investors seeking high-impact commercial projects. A pylon sign is also available, adding to the property's marketing potential. This is a rare opportunity to acquire a significant land parcel in a prime location with exceptional visibility and access to a robust infrastructure. The asking price for this remarkable property is $800,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 14 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 5.06 ac
- APN
- 185000105
- Zoning
- C4
- Assessed value · 2023
- $759,000
- Annual tax · 2023
- $10,848
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this zone is to establish district regulations creating a well organized, landscaped environment for Oyster Point business district which is proposed for a concentration of professional and business office…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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