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    1006 Richmond Rd Williamsburg, VA 23185

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    For Lease
    Contact for pricing

    Renovated retail/office space with drive-thru, near William & Mary.

    Property size:
    1,545 SF
    Lot size:
    0.80 Acres

    Property Features for 1006 Richmond Rd

    General Information

    Size
    1,545 SF
    Lot size
    0.80 Acres

    Source: Colliers | Norfolk Agent George Fox

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

    Overview

    Retail/Office Space with Drive-Thru

    This property offers up to 3,168 square feet of retail or office space within a newly renovated building. A notable feature is the inclusion of a drive-thru. The first-floor space is located below new residential apartments and offers visibility along Richmond Road. The property is within walking distance of the main campus of William & Mary, the football stadium, and student housing. It is also located less than one mile from Colonial Williamsburg and less than five miles from tourist destinations such as Jamestown, Yorktown, Busch Gardens, and Water Country USA.
    Insight Report Location Intelligence

    Current Use by Public Records

    USA Ghost Adventures Tour Agency Wells Fargo Bank Atm Wells Fargo ATM Atm

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Williamsburg
    State
    Virginia
    Longitude
    -76.7178856
    Latitude
    37.2794397

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    FAQs

    What type of property is this?
    Retail space - Renovated retail/office space with drive-thru, near William & Mary.
    Where is this retail space located?
    The property is located at 1006 Richmond Rd Williamsburg, VA.
    What are key features of this property?
    This property features: - Rare drive-thru component.; - Excellent visibility on Richmond Road.; - Located below brand-new residential apartments.
    (757) 490-3300
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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
    1006 Richmond Rd Williamsburg, VA 23185
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