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Office Building
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Pending

5209 Center Street, Williamsburg, VA 23188

Existing office property offered for sale in Williamsburg, Virginia.

Property Size19,238 SF
Days on Market144

Property Features for 5209 Center Street

General Information

Standard status Pending
Size 19,238 SF
Property subtype Office

Additional Details

Cap Rate 8.79%
Listing Agency: RJS & Associates Inc
Listed By: Bobby Singley Jr. CCIM · License #VA 0225043422
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 30 at 8:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RJS & Associates Inc

Investment Insights

Based on property information with market context.

This office building contains 19,238 SF and is offered for sale. The property is located at 5209 Center Street in Williamsburg, Virginia 23188.

The listing reflects an 8.79% CAP rate for the office asset.

Key Highlights

  • 19,238 SF office building
  • 8.79% CAP rate
  • Located at 5209 Center Street, Williamsburg, VA 23188

Property Analytics

Current Use

Stantec Engineering Consultant Beisch Jr William Engineer Proctor Daniel Engineer Small Toni Engineer Ballard Michael PE Engineer

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,252
Businesses Nearby

Demographics for 23188, VA

45,438
Population
20,194
Households
2.3
Avg Household Size
49
Median Age
50%
College-Educated
96%
High-School Grad
97.3 sq mi
ZIP Area
467
Density / Sq Mi
$101,088
Median Household Income
$46,557
Median Earnings
$1,541
Median Rent
$409,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Existing office property offered for sale in Williamsburg, Virginia.
Where is this office building located?
The property is located at 5209 Center Street Williamsburg, VA.
What are key features of this property?
This property features: 19,238 SF office building; 8.79% CAP rate; Located at 5209 Center Street, Williamsburg, VA 23188
More about this property
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