11850 Canon BlvdNewport News, VA 23606

  • Industrial properties
  • 23,553 SF
For Lease
$12/SF/YR View listing

Property Details for 11850 Canon Blvd

Year built
1986
Lot size
1.02 AC
Property size (Sq ft)
23,553 SF
Zone code
C5
Property type
Industrial properties
Property subtype
Other industrial properties
APN
185000201
APU
185000201

Description

This exceptional flex space, located at 11850 Canon Blvd in the Oyster Point submarket of Hampton Roads, offers a prime opportunity for businesses seeking versatile and immediately available office and industrial space. The property, built in 1986, boasts a total of 23,163 square feet across five suites, with 15,718 square feet currently vacant. Units are divisible to a minimum of 2,000 square feet, with a maximum contiguous space of 13,718 square feet, providing flexibility for various business needs. The building features impressive ceiling heights ranging from 20 to 23 feet, ideal for high-storage or specialized equipment. Loading and unloading is efficient with five loading docks, three dock-high doors, and two drive-in doors. The property also benefits from three-phase power, essential for many industrial operations. Situated on two acres of land, the property is zoned C5 (Oyster Point Business and Manufacturing District), allowing for a wide range of uses. This corner location at Canon and City Center Blvd offers excellent visibility and accessibility. The space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,429,516
    Hospitality
    $4,973,407
    Educational
    $4,137,816
    Medical
    $4,280,122
    Retail
    $6,436,603
11850 Canon Blvd, Newport News, Virginia

Location Insight

City
Newport News
County
Newport News City
State
Virginia
Latitude
37.0928
Longitude
-76.4727
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,727
$189,600
$1,583,200
$1,772,800
-
$189,600
$1,583,200
$1,772,800

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