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    524 Lightfoot Rd Williamsburg, VA 23188

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    For Sale
    $850,000

    2.42 acres of commercial land near Route 199.

    Lot size:
    2.42 Acres

    Property Features for 524 Lightfoot Rd

    General Information

    Lot size
    2.42 Acres
    Source: Moodyscre

    Listing Agent: Dawn Griggs

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

    Overview

    Commercial Land Near Route 199

    This 2.42-acre commercial land parcel is located directly beside the intersection of Route 199 and Mooretown Road. The property is zoned EO (Economic Opportunity) with a mixed-use overlay in the comprehensive plan. An adjacent 7.87-acre parcel could be assembled with this property to create a combined site of 10.39 acres. The sale price is $999,999.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Williamsburg
    State
    Virginia
    Longitude
    -76.7458809
    Latitude
    37.3441754

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    FAQs

    What type of property is this?
    Land - 2.42 acres of commercial land near Route 199.
    Where is this land located?
    The property is located at 524 Lightfoot Rd Williamsburg, VA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 2.42 acres of land available.; - Zoned EO (Economic Opportunity) with mixed use overlay.; - Located directly beside the Route 199 intersection with Mooretown Rd.
    (757) 342-9005
    Request Owner's contact information
    524 Lightfoot Rd Williamsburg, VA 23188
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    Williamsburg, VA 23188
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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
    524 Lightfoot Rd Williamsburg, VA 23188
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