13665 Warwick Blvd - Freestanding FOR SALE


Newport News, VA 23602- Jenkins
$50,000 USD
301-706-4619
13665 Warwick Blvd, Newport News, VA for Sale
$50,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

13665 Warwick Blvd
Newport News, VA 23602
Jenkins


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | 2,800 SF Freestanding Retail Building | 36K VPD Traffic Count | AUCTION MARCH 23-25
  • 2,800 SF Retail Building Available at Substantial Discount Below Replacement Cost
  • 36,127 VPD Traffic Counts with Highway Frontage and Visibility on US Hwy 60 (Warwick Blvd) in Strong Commercial Corridor | 2-Mi from I-64 (104K VPD)
  • Nearby National Retailers: Lowe’s, Walmart, Sam’s Club, Home Depot, Kohl’s, Trader Joe’s, Old Navy, Petco, Sally, Total Wine, Aldi, Ross, HomeGoods
  • Dense Demographics with 3-Mile Population of 75,428 Individuals and 5-Mile Population of ±146,752 with Average Household Income of ±$86K
  • Zoned C-1, Retail Commercial District with a Variety of Flexible Permitted Uses

OVERVIEW

Marcus & Millichap is pleased to present a vacant, freestanding retail building located at 13665 Warrick Blvd in Newport News, VA (the “Property”). The vacant property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE! The Property consists of a single story, free-standing retail building containing ±2,800 square feet on a ±0.16-acre parcel. The site benefits from highway access and visibility along Warwick Blvd (US-60) with traffic counts of 36,127 vehicles per day. Zoned C-1 (Retail Commercial District), the site accommodates a wide range of retail, service, and commercial uses, providing significant operational flexibility for future tenants or an owner-user. Newport News and the greater Hampton Roads region is anchored by defense & industrial demand like Newport News Shipbuilding (HII), which is a nationally significant shipyard and one of the area’s largest employers, supporting a sizeable skilled workforce and a deep base of contractors and suppliers. Nearby institutional demand drivers, including NASA’s Langley Research Center in Hampton, further reinforces the region’s aerospace and engineering ecosystem. Retail activity is further supported by strong nearby national and local retailers including Lowe’s, Walmart, Sam’s Club, Home Depot, Kohl’s, Trader Joe’s, Old Navy, Petco, Sally, Total Wine, Aldi, Ross, HomeGoods, TJ Maxx, and many others. The Property is positioned within an attractive trade area, serving ±146,752 residents with an average household income of ±$86,738 within a 5-mile radius.

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction – 2,800 SF Building | 36K VPD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

CROSS STREETS

Shawn Circle

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C1

APN/PARCEL ID

129.00-04-04

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Adam SklaverMarcus & MillichapMore Info
301-706-4619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.