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    723 Merrimac Trl Williamsburg, VA 23185

    For Lease
    Contact for pricing

    Retail space in historic district near major attractions.

    Property size:
    8,400 SF
    Lot size:
    15.93 Acres

    Property Features for 723 Merrimac Trl

    General Information

    Size
    8,400 SF
    Lot size
    15.93 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Lindsay Bangel

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

    Overview

    Retail Space in Edge District

    This retail space is centrally located in the historic "Edge District," known for its emphasis on food, drink, and experiences. The center is anchored by Food Lion, Rite Aid, and Dollar Tree. The location offers multiple points of ingress and egress, including a signalized intersection and rear access to Hubbard Lane. Situated two miles from the College of William & Mary, Colonial Williamsburg, Busch Gardens, and Water Country USA, the property benefits from proximity to major attractions. New apartments across the street may provide increased traffic flow to the location. The property size is 8,400 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    American Classic Storage Storage Facility

    Suggested Use

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

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

    Similar Places Nearby

    James-York Plaza, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Williamsburg
    State
    Virginia
    Longitude
    -76.6748269
    Latitude
    37.2681349

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    FAQs

    What type of property is this?
    Shopping center - Retail space in historic district near major attractions.
    Where is this shopping center located?
    The property is located at 723 Merrimac Trl Williamsburg, VA.
    What are key features of this property?
    This property features: - Anchored by Food Lion, Rite Aid, and Dollar Tree, providing consistent customer traffic.; - Centrally located in the historic "Edge District", known for its food, drink, and experiences.; - Multiple points of ingress/egress, including a signalized intersection and rear access to Hubbard Lane.
    (757) 627-8611
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    723 Merrimac Trl Williamsburg, VA 23185
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    Williamsburg, VA 23185
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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
    723 Merrimac Trl Williamsburg, VA 23185
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