701 Town Center DrNewport News, VA 23606
- Other commercial real estate
- 119,058 SF
Property Details for 701 Town Center Dr
- Year built
- 2002
- Construction
- FRAME
- Lot size
- 0.49 AC
- Property size (Sq ft)
- 119,058 SF
- Zone code
- C4
- Property type
- Other commercial real estate
- APN
- 195000414
- APU
- 195000414
Description
This exceptional Class A office space, located at 701 Town Center Dr in Newport News, Virginia's Oyster Point submarket (Peninsula cluster), offers a prime opportunity for businesses seeking modern, efficient workspace. The City Center at Oyster Point - Fountain Plaza One building boasts 117,000 square feet across 10 stories, constructed in 2002. Units range from a minimum of 2,646 square feet to a maximum contiguous space of 20,210 square feet, providing flexibility for various business needs. The building features ample parking with 400 spaces and convenient elevator access. The property sits on 2.07 acres of land, with a building floor area ratio (FAR) of 2.08. Its C4 zoning designation allows for a wide range of commercial uses. The property's location offers easy access via Merchants Walk cross street. Annual property taxes are $1.38 per square foot. This move-in ready space presents a turnkey solution for businesses seeking immediate occupancy in a highly desirable location. The property's APN is 195.00-04-14 and the zip code is 23606. This is a multi-tenant building offering a variety of options to suit your business needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $27,435,562
- Hospitality
- $25,130,828
- Educational
- $20,908,554
- Medical
- $21,627,632
- Retail
- $32,524,418
Location Insight
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Latitude
- 37.0878
- Longitude
- -76.4745
- 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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