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    113 Palace Ln Williamsburg, VA 23185

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    For Lease
    $12 SF/Yr ($1,182 /Mo)

    Retail space suitable for salon, services, or medical use.

    Property size:
    1,135 SF
    Lot size:
    2.20 Acres

    Property Features for 113 Palace Ln

    General Information

    Size
    1,135 SF
    Lot size
    2.20 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Drew Haynie

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

    Overview

    Retail Space in Neighborhood Center

    This retail space is located in a neighborhood center, making it suitable for a variety of businesses including salons, tax preparation services, medical offices, and general retail. The property is situated near By-Pass Road, Route 60, and Interstate 64.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kingship Brewing Co: ... Cafe KIELBASA Grocery Store Lava Lounge and Bar Restaurant United Way of the Virginia ... Association Or Organization Williamsburg Music & Wine ... Association Or Organization

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Williamsburg
    State
    Virginia
    Longitude
    -76.714307
    Latitude
    37.2856906

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    FAQs

    What type of property is this?
    Retail space - Retail space suitable for salon, services, or medical use.
    Where is this retail space located?
    The property is located at 113 Palace Ln Williamsburg, VA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Ideal location for salon, tax prep, medical, services, or retail businesses.; - High-traffic location near By-Pass Rd., Rt. 60 & I-64.; - Located in a neighborhood center.
    (757) 499-2900
    Request Owner's contact information
    113 Palace Ln 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
    113 Palace Ln Williamsburg, VA 23185
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