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307 ST THOMAS DR
NEWPORT NEWS, VA 23606-4365
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
<ul><li><strong>Prime Jefferson Avenue Frontage</strong> – Approximately 190 feet of frontage along one of Newport News’ most heavily trafficked corridors</li><li><strong>Strong Traffic Counts</strong> – ±49,000 vehicles per day providing excellent exposure and accessibility</li><li><strong>Signalized Intersection Access</strong> – Located at a controlled intersection, enhancing ingress and egress</li><li><strong>Flexible Development Opportunity</strong> – Ideal for QSR, fast-casual, medical
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
