11710 Jefferson AveNewport News, VA 23606
- Other commercial real estate
- 84,532 SF
Property Details for 11710 Jefferson Ave
- Year built
- 1987
- Lot size
- 8.31 AC
- Property size (Sq ft)
- 84,532 SF
- Zone code
- C1
- Property type
- Other commercial real estate
- APN
- 204000483
- APU
- 204000483
Description
Oyster Point Square, located at 11710 Jefferson Ave in Newport News, Virginia (zip code 23606), offers exceptional retail and restaurant opportunities. This vibrant shopping center boasts a total of 83,089 square feet across two suites, situated on a generous 9.51-acre lot. Currently, 4,000 square feet of space is available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 2,400 square feet. The property is zoned C1 and is located in Warwick County. The center has recently undergone improvements to its common areas, enhancing the shopping experience for customers. Existing tenants include established businesses such as Chase Bank, Waffle House, and Fit Body Boot Camp (opened in 2024), along with popular dining options like Al Fresco and Nawab, and other service-based retailers. This strong tenant mix ensures consistent daily foot traffic, creating a prime location for new businesses seeking high visibility and a thriving customer base. The property's strategic location and established tenant roster present a compelling investment opportunity for businesses seeking a well-established and thriving retail environment in Newport News.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $19,468,044
- Hospitality
- $17,832,624
- Educational
- $14,836,534
- Medical
- $15,346,785
- Retail
- $23,079,052
Location Insight
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Latitude
- 37.08
- Longitude
- -76.4769
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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