Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4960 Monticello Ave Williamsburg, VA 23188

    For Lease
    Contact for pricing

    Retail space available in the Marketplace Shopping District.

    Property size:
    2,895 SF
    Lot size:
    1.04 Acres

    Property Features for 4960 Monticello Ave

    General Information

    Size
    2,895 SF
    Lot size
    1.04 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Tyler Jacobson

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

    Overview

    Retail Space in Marketplace District

    This retail space is located within the Marketplace Shopping District at the intersection of Route 199 and Monticello Avenue. The shopping district is anchored by Verizon, Mattress Firm, Sundays Blue Box Tanning, Tropical Smoothie, Moe’s Southwest Grill, Blown Away Salon, Longhorn Steakhouse, Wendy's, Goodyear, and Mobil. The location is adjacent to Petsmart, Belk, and Binn’s of Williamsburg. The property offers a space of 2895 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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

    New Town Commercial Association, Bonitas hair Studio, WindsorMeade Market Place, Settlers Market, Monticello Marketplace

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Williamsburg
    State
    Virginia
    Longitude
    -76.7542269
    Latitude
    37.2726538

    Nearby Similar for Lease

    • Contact for pricing
      5,808 SF

      Mixed-Use Asset in Williamsburg, Virginia

      Premier shopping centers integrated into Midtown Row development.
      1242 Richmond Rd, Williamsburg, VA 23185
      View Details
    • $18 SF/Yr
      3,024 SF

      Retail/Office Space in Williamsburg

      Two single-story buildings suitable for retail or office use.
      314 Second St, Williamsburg, VA 23185
      View Details
    • $18 SF/Yr
      4,412 SF

      Retail Buildings in Williamsburg

      Two well-maintained retail buildings available for lease in Williamsburg.
      312 Second St, Williamsburg, VA 23185
      View Details
    • $1,800 /Mo
      1,407 SF

      Spacious Townhome in Chisel Run

      Charming 3 bed, 1.5 bath townhome near Williamsburg Outlets.
      5404 Trudy Ln, Williamsburg, VA 23188
      View Details
    • $1,695 /Mo

      Comfortable Home with Wooded Views

      Two-bedroom home in Williamsburg, available August 2025, with wooded views.
      1628 Angel Ct, Williamsburg, VA 23185
      View Details
    • Contact for pricing
      14,920 SF

      Colonial Williamsburg Retail and Office

      Premier retail and office space in historic Merchants Square.
      134 N Henry St, Williamsburg, VA 23185
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in the Marketplace Shopping District.
    Where is this shopping center located?
    The property is located at 4960 Monticello Ave Williamsburg, VA.
    What are key features of this property?
    This property features: - Part of the Marketplace Shopping District at route 199 and Monticello Avenue.; - Anchored by prominent businesses including Verizon, Mattress Firm, Tropical Smoothie, Longhorn Steakhouse, and Wendy's.; - Adjacent to major retailers such as Petsmart and Belk.
    (757) 627-8611
    Request Owner's contact information
    4960 Monticello Ave Williamsburg, VA 23188
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4960 Monticello Ave
    Williamsburg, VA 23188
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4960 Monticello Ave Williamsburg, VA 23188
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.