11803 Jefferson AveNewport News, VA 23606

  • Commercial real estate
  • 63,824 SF
For Lease
$23.50/SF/YR View listing

Property Details for 11803 Jefferson Ave

Year built
2002
Construction
FRAME
Lot size
6.89 AC
Property size (Sq ft)
63,824 SF
Zone code
C1
Property type
Commercial real estate
APN
194000203
APU
194000203

Description

This exceptional Class A medical office space, located within the prestigious Sentara Port Warwick Medical Campus in Newport News, Virginia, offers three available suites ranging from 2,344 to 4,669 square feet of shell space. The building boasts a total of 18,850 square feet and features beautiful modern brick architecture situated in a park-like setting. Its convenient location off Jefferson Avenue provides easy access to City Center at Oyster Point and The Tech Center, enhancing visibility and accessibility for patients and staff. The campus benefits from its proximity to I-64, ensuring convenient commutes. Ample surface parking is readily available for patients and employees. On-site amenities include an emergency department and an advanced imaging center, providing comprehensive healthcare services within the complex. This vibrant, mixed-use community offers a live-work-play environment, attracting a diverse and thriving patient base. A generous landlord allowance for tenant improvements is available, allowing for customization to meet specific practice needs. This is a unique opportunity to establish or expand a medical practice in a highly desirable and well-established medical campus. The property is located at 11803 Jefferson Ave, Newport News, VA 23606.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,695,510
    Hospitality
    $13,461,008
    Educational
    $11,199,401
    Medical
    $11,584,565
    Retail
    $17,421,290

Location Insight

City
Newport News
County
Newport News City
State
Virginia
Latitude
37.0848
Longitude
-76.4832
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
$184,506
$5,251,500
$9,216,100
$14,467,600
-
$5,251,500
$9,216,100
$14,467,600

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