Two-Story Office
For Sale
Contact for pricing
5300 Palmer Lane, Williamsburg, VA 23188
Three-building office complex on separate parcels, offering flexible layouts for single or multi-tenant occupancy.
Property Size15,000 SF
Days on Market51
Property Features for 5300 Palmer Lane
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Building Size
15,000 SF
Stories
2
Listing Agency:
Divaris Real Estate - Hampton Roads
(757) 497-2113
Listed By:
Michael Divaris, SIOR
Source:
Divaris
Added: Jul 4
Changed: Aug 8
Last Checked: Aug 22 at 3:56AM
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 Divaris Real Estate - Hampton Roads
Investment Insights
Based on property information with market context.
Divaris Real Estate, Inc., as exclusive representative, is pleased to offer the fee simple interest in the Ironbound Village Office Portfolio, a three-building office complex consisting of 5300, 5320, and 5340 Palmer Lane. The portfolio totals approximately 15,000 square feet across three two-story office buildings, with each building situated on its own parcel. Floor plans are described as flexible, supporting either single-tenant use or multi-tenant occupancy.
The property is adjacent to New Town Williamsburg’s mixed-use district and is positioned with strong regional access to Route 199 and I-64, connecting to major Williamsburg destinations.
For prospective tenants, buyers, and operators, the configuration of three separate, two-story office buildings creates options for customized occupancy strategies, whether consolidating into one building or expanding across multiple spaces. As presented in the offering, the portfolio is also positioned as a value-add opportunity with future lease-up potential, depending on tenant demand and leasing execution.
The property is adjacent to New Town Williamsburg’s mixed-use district and is positioned with strong regional access to Route 199 and I-64, connecting to major Williamsburg destinations.
For prospective tenants, buyers, and operators, the configuration of three separate, two-story office buildings creates options for customized occupancy strategies, whether consolidating into one building or expanding across multiple spaces. As presented in the offering, the portfolio is also positioned as a value-add opportunity with future lease-up potential, depending on tenant demand and leasing execution.
Key Highlights
- Fee simple interest in Ironbound Village Office Portfolio, a three‑building office complex at 5300, 5320, and 5340 Palmer Lane, Williamsburg, VA
- Approximately 15,000 SF office space total across three two‑story buildings
- Each building sits on its own parcel, with three separate properties included in the portfolio
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - Three-building office complex on separate parcels, offering flexible layouts for single or multi-tenant occupancy.
Where is this office building located?
The property is located at 5300 Palmer Lane Williamsburg, VA.
What are key features of this property?
This property features: Fee simple interest in Ironbound Village Office Portfolio, a three‑building office complex at 5300, 5320, and 5340 Palmer Lane, Williamsburg, VA; Approximately 15,000 SF office space total across three two‑story buildings; Each building sits on its own parcel, with three separate properties included in the portfolio
