11719 Jefferson AveNewport News, VA 23608

  • Other commercial real estate
  • 24,619 SF
For Lease
$16.50/SF/YR View listing

Property Details for 11719 Jefferson Ave

Year built
1980
Construction
FRAME
Lot size
0.92 AC
Property size (Sq ft)
24,619 SF
Zone code
C1
Property type
Other commercial real estate
APN
204000104
APU
204000104

Description

This exceptional office complex, Oyster Point Commons, offers 65,000 square feet of premium executive office space in the vibrant Oyster Point Business District of Newport News, Virginia. Located at the high-traffic intersection of Jefferson Avenue and Pilot House Road, this property boasts excellent visibility and accessibility. Three suites are available, with spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 11,000 square feet, providing flexibility for businesses of various sizes. The complex features ample parking, enhancing convenience for employees and clients. Two convenient entrances and prominent monument signage on Jefferson Avenue ensure high visibility and easy access. On-site management provides efficient building operations. The location offers exceptional walkability to a diverse selection of restaurants and residential areas, contributing to a desirable work environment. Its strategic location provides easy access to major transportation arteries, including Interstate 64, and is within close proximity to significant medical facilities such as Riverside Hospital and Sentara Port Warwick, as well as the Jefferson Lab & Tech Center. The Newport News/Williamsburg Airport is also a short drive away, further enhancing its appeal. Currently, 16,233 square feet of space is available for lease. This property presents a unique opportunity to establish a presence in a thriving business district with excellent amenities and unparalleled connectivity. The address is 11719 & 11721 Jefferson Ave, Newport News, VA 23608.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,668,716
    Hospitality
    $5,192,514
    Educational
    $4,320,110
    Medical
    $4,468,686
    Retail
    $6,720,172
11719 Jefferson Ave, Newport News, Virginia

Location Insight

City
Newport News
County
Newport News City
State
Virginia
Latitude
37.0801
Longitude
-76.4795
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
$32,022
$518,800
$2,069,100
$2,587,900
-
$518,800
$2,069,100
$2,587,900

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