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729 Industrial Park Dr 5,000 SF Industrial Building Newport News, VA 23608 $1,023,920 CAD ($204.78 CAD/SF)



Investment Highlights
- 5,000 SF modern industrial building
- Highly accessible to major transportation hubs
- Turnkey solution for investors
- Strategic location in Newport News
- Ideal for a wide range of industrial activities
- Prime opportunity for industrial and manufacturing sectors
Executive Summary
Discover a standout opportunity for industrial and manufacturing users and investors alike, located at 729 Industrial Park Dr. Newport News, VA. This 5,000 SF modern industrial building, constructed in 2005 and zoned Light Industrial (District M1), presents a strategic investment or owner/user option in an ideal industrial hub location. The building features five 12’ over head doors along the front and one 12’ overhead door opening to a steel pavilion for extra covered work space. Boasting a modern front reception area, employee break room with appliances, three (3) bathrooms, storage space on the main level, laundry room and extra large storage area on the mezzanine level. With seamless access to major transportation hubs, this turnkey solution offers a prime opportunity for a wide range of industrial activities. The property’s favorable zoning and strategic positioning make it an attractive prospect for users or investors seeking to establish or expand their presence in the industrial and manufacturing market. With permitted uses already established for light industrial, the possibilities include distribution, automotive contractors, warehouses, manufacturing etc. Don’t miss out on this exceptional investment in the heart of Newport News!
Property Facts
| Price | $1,023,920 CAD | Rentable Building Area | 5,000 SF |
| Price Per SF | $204.78 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2005 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 5/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.90 AC | ||
| Zoning | M-1 | ||
| Price | $1,023,920 CAD |
| Price Per SF | $204.78 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.90 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Tenancy | Single |
| Parking Ratio | 5/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | M-1 |
Amenities
- Fenced Lot
1 1
Property Taxes
| Parcel Number | 053.00-02-20 | Improvements Assessment | $599,795 CAD |
| Land Assessment | $153,905 CAD | Total Assessment | $753,700 CAD |
Property Taxes
Parcel Number
053.00-02-20
Land Assessment
$153,905 CAD
Improvements Assessment
$599,795 CAD
Total Assessment
$753,700 CAD
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729 Industrial Park Dr
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