Two-Story Office
New
For Sale
$795,000
5320 Palmer Lane, Williamsburg, VA 23188
Current public-sector occupancy is tied to a planned relocation in 2028.
Property Size5,000 SF
Price / SF$159
Days on Market7
Property Features for 5320 Palmer Lane
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Office
Building Details
Building Size
5,000 SF
Buildings
1
Stories
2
Tenancy
Single
Listed By:
Michael Divaris, SIOR
(757) 497-2113
Source:
Divaris
Added: Sep 30
Last Checked: Oct 5 at 4:43PM
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 Michael Divaris, SIOR
Investment Insights
Based on property information with market context.
The two-floor office property contains approximately 5,000 square feet and sits on its own parcel. It is currently occupied under a short-term public-sector lease, with relocation planned for 2028. The space can accommodate one user or be divided for two tenants, subject to required improvements and tenant needs.
The property is near New Town, William & Mary, and Colonial Williamsburg. On-site parking supports a range of professional and service-oriented uses.
The property is near New Town, William & Mary, and Colonial Williamsburg. On-site parking supports a range of professional and service-oriented uses.
Key Highlights
- Approximately 5,000 SF across two floors
- Located on an individual parcel
- Layout can serve one approximately 5,000 SF user or two approximately 2,500 SF users
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Current public-sector occupancy is tied to a planned relocation in 2028.
Where is this office building located?
The property is located at 5320 Palmer Lane Williamsburg, VA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approximately 5,000 SF across two floors; Located on an individual parcel; Layout can serve one approximately 5,000 SF user or two approximately 2,500 SF users
