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    6500-6536 Richmond Rd Williamsburg, VA 23188

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Retail Space, Multiple Units Available

    Lot size:
    46,191 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Williamsburg Pavilion Shops offers exceptional retail opportunities in a high-traffic location. This multi-tenant property boasts a total of 46,191 square feet, with three spaces currently available, ranging from 906 to 13,455 contiguous square feet. A significant 3,760 square feet is currently vacant, providing flexibility for expansion or new tenants. The property features ample parking with 185 spaces in an asphalt lot conveniently located in front of the shopping center, plus rear access for efficient deliveries. Utilities include gas heat, city water, and sewer. Strategically situated approximately a quarter-mile from the Williamsburg Pottery Factory and three-quarters of a mile from the Interstate 64/Lightfoot Interchange, this location benefits from high visibility and exceptional daily traffic counts exceeding 25,000 vehicles on State Route 614. The property is situated in Virginia Colony County. Units H & J are individually divisible or combinable to suit specific tenant needs. Established businesses such as Lumber Liquidators, Sugar & Spice, and Sherwin Williams are already thriving within this vibrant shopping center. This presents a unique chance to join a successful retail community in a prime location with excellent accessibility and high foot traffic.

    Property Features for 6500-6536 Richmond Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,191 SF
    Total Rate
    61588

    Unit(s) available at that property

    Space
    B
    Size
    906 SF
    Rate per SF
    $16
    Space
    H
    Size
    7,482 SF
    Rate per SF
    $16
    Space
    J
    Size
    13,455 SF
    Rate per SF
    $16

    HighLights

    • Retail space totaling 46,191 square feet available in Williamsburg, Virginia.
    • Three spaces available, ranging from 906 to 13,455 contiguous square feet.
    • Excellent location: 0.25 miles from Williamsburg Pottery Factory and 0.75 miles from I‑64/Lightfoot Interchange.
    • High traffic count: 25,000 vehicles daily on State Route 614.
    • Building features gas heat, city water, and sewer.
    • Ample parking: 185 spaces in an asphalt lot with rear access for deliveries.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Virginia Colony
    State
    Virginia
    Longitude
    -76.755079
    Latitude
    37.34252

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Multiple Units Available
    Where is this retail property located?
    The property is located at 6500-6536 Richmond Rd Williamsburg, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Retail space totaling 46,191 square feet available in Williamsburg, Virginia.; Three spaces available, ranging from 906 to 13,455 contiguous square feet.; Excellent location: 0.25 miles from Williamsburg Pottery Factory and 0.75 miles from I-64/Lightfoot Interchange.
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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
    6500-6536 Richmond Rd Williamsburg, VA 23188
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