10602 Warwick BlvdNewport News, VA 23601

  • Other commercial real estate
  • 3,312 SF
For Sale
$489,900 View listing

Property Details for 10602 Warwick Blvd

Year built
1958
Construction
FRAME
Lot size
0.27 AC
Property size (Sq ft)
3,312 SF
Zone code
C1
Property type
Other commercial real estate
APN
262000608
APU
262000608

Description

This completely renovated 3,312 square foot convenience store and storefront, situated on a 0.27-acre lot in Newport News, Virginia, presents a compelling investment opportunity. Boasting 75 feet of frontage on Warwick Boulevard with two curb cuts, the property benefits from high visibility and accessibility, with a daily traffic count of 27,000 vehicles. The building features a new roof with a 20-year materials warranty and 1-inch insulation board, a new 7-ton HVAC system (200,000 BTU heating capacity), new flooring, lighting, ceiling, and electrical panels. A significant advantage is the large detached storage facility located at the rear of the property. The property is zoned C-1 and includes a pylon sign for enhanced brand visibility. Located at 10602 Warwick Blvd, Newport News, VA 23601, this single-tenancy retail space is priced at $489,900 ($147.92/sq ft). This turnkey operation is ready for immediate occupancy and offers significant potential for a variety of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $703,353
    Hospitality
    $644,267
    Educational
    $536,023
    Medical
    $554,458
    Retail
    $833,813
10602 Warwick Blvd, Newport News, Virginia

Location Insight

City
Newport News
County
Newport News City
State
Virginia
Latitude
37.036
Longitude
-76.4651
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
$3,565
$116,600
$108,300
$224,900
-
$116,600
$108,300
$224,900

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