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    118-120 Waller Mill Rd Williamsburg, VA 23185

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    For Sale
    Contact for pricing

    Retail spaces available near I-64 and Richmond Rd (Route 60).

    Property size:
    1,640 SF
    Lot size:
    17.16 Acres

    Property Features for 118-120 Waller Mill Rd

    General Information

    Size
    1,640 SF
    Lot size
    17.16 Acres

    Source: The Shopping Center Group | Newport News Agent Debra Ramey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near I-64

    This retail property is anchored by Ashley Furniture, Ollie's Bargain Outlet, and Locke Supply. Since the opening of Ollie's and Ashley, visitor traffic has doubled. Renovation and redevelopment are currently underway. Space is available from 1,200 square feet up to 2,000 square feet. The property is easily accessible from I-64 and Richmond Road (Route 60). An outside garden area is available. Outparcel opportunities are available for sale or for lease, sized at 0.78 and 0.63 acres. Traffic counts on Bypass Road (Route 60) are 22,000 AADT.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kingsgate Green, Midtown Row, The Shops at High Street, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Williamsburg
    State
    Virginia
    Longitude
    -76.7187149
    Latitude
    37.2881355

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available near I-64 and Richmond Rd (Route 60).
    Where is this shopping center located?
    The property is located at 118-120 Waller Mill Rd Williamsburg, VA.
    What are key features of this property?
    This property features: - Anchored by Ashley Furniture, Ollie's Bargain Outlet & Locke Supply; - Visitors/visits have doubled since the opening of Ollie's and Ashley; - Easily accessible from I-64 and Richmond Rd (Route 60)
    (757) 722-2500
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118-120 Waller Mill Rd Williamsburg, VA 23185
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