Listing Agency: CBRE | Norfolk

Listed By: Tony Beck Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 22 Last Checked: Sep 2 at 1:15PM

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Investment Insights

Based on property information with market context.

The property at 8012 Hankins Industrial Park Road is a 26,494 square foot office and warehouse facility located in James City County, Virginia, near Toano, with access to I-64. The building features nearly 10,000 square feet of office space and 16,500 square feet of high-clearance warehouse space. Constructed with a steel frame and concrete slab, the building includes full HVAC, heavy 3-phase electrical service, and a cold storage room. The property has two dock-level roll-up doors, 59 dedicated parking spaces, and is situated on a 2.62-acre site within the M-2 General Industrial zoning district. This property is suitable for industrial, distribution, or light manufacturing uses. The location within the Williamsburg industrial corridor makes it attractive for regional and national operators. The property is vacant and ready for immediate occupancy.

Key Highlights

• Strategic Location: Minutes from Toano with easy I‑64 access in the Williamsburg industrial corridor.
• Turnkey Ready: Vacant for immediate occupancy.
• Versatile Space: Combines nearly 10,000 SF of office space with 16,500 SF of high‑clearance warehouse.

Property Analytics

Property Profile

Current Use

Smithfield Specialty Foods ... Industrial Manufacturer Peanut Shop of Williamsburg Specialty Food Shop

Suggested Use

Top Pick HVAC Service Electrical Service Big Box & Wholesale Store Plumbing Service Furniture & Home Goods Parking Lot & Garage

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

182

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 23168, VA

8,624

Population

3,189

Households

2.7

Avg Household Size

42

Median Age

44%

College-Educated

96%

High-School Grad

29.8 sq mi

ZIP Area

289

Density / Sq Mi

$128,135

Median Household Income

$54,266

Median Earnings

$1,590

Median Rent

$383,300

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - 26,494 SF office/warehouse in James City County, minutes from Toano.

Where is this flex space located?

The property is located at 8012 Hankins Industrial Park Toano, VA.

What is the asking price?

The asking price for this property is $3,175,000.

What are key features of this property?

This property features: Strategic Location: Minutes from Toano with easy I‑64 access in the Williamsburg industrial corridor.; Turnkey Ready: Vacant for immediate occupancy.; Versatile Space: Combines nearly 10,000 SF of office space with **16,500 SF of high‑clearance warehouse.**