Technical
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Property profile

7829 Richmond Rd Williamsburg, VA 23188

OFF-MARKET
Land
1.54 ac lot
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Property summary

AI-generated overview

This exceptional 1.54-acre commercial land parcel presents a unique investment opportunity in the thriving Toano, Virginia area. Strategically located on Richmond Road, this property enjoys high visibility and significant traffic volume. Its proximity to Toano Middle School ensures consistent daily traffic flow, further amplified by commuters traveling between Toano, Norge, Lightfoot, and Williamsburg. The property's size offers considerable flexibility for a variety of commercial developments, catering to businesses seeking a prominent location with excellent accessibility. The asking price is $539,000. This prime location in James City County, Virginia, zip code 23188, offers unparalleled potential for growth and return on investment. The property is conveniently situated at 7829 Richmond Road, Williamsburg, VA, providing easy access to major roadways and surrounding communities. Detailed site surveys and zoning information are readily available upon request. This is an exceptional opportunity to acquire a highly visible and well-positioned commercial lot in a rapidly developing area. Don't miss this chance to secure a piece of prime real estate in a sought-after location.

Property profile

Verified
Property type Land
Lot 1.54 ac (67,082 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7829 Richmond Rd Williamsburg, VA 23188
Williamsburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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