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Property profile

502 Strawberry Plains Rd Williamsburg, VA 23188

OFF-MARKET
Retail properties & Spaces
8,008 SF
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Property summary

AI-generated overview

This exceptional 8,008 square foot commercial land parcel presents a unique investment opportunity in the thriving Williamsburg, Virginia market. Located at 502 Strawberry Plains Road, zip code 23188, this property boasts a highly desirable location, offering easy accessibility for customers from all areas of the local market. The site's central position within the community ensures high visibility and convenient access for potential clientele. Currently zoned for retail use, this land is ideal for a variety of commercial ventures. The property's size provides ample space for development, allowing for flexibility in design and functionality to suit diverse business needs. This is a blank canvas for entrepreneurs seeking a strategic location to establish or expand their commercial enterprise. The asking price for this prime retail land is $475,000. Given its location and size, this represents a compelling investment opportunity in a dynamic and growing market. Serious inquiries are encouraged to explore the potential of this exceptional property. The property is situated at latitude 37.2625006 and longitude -76.7385718. This offering is for the land only

Property profile

Verified
Property type Retail properties & Spaces
Total area 8,008 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Carpet Cleaning Service Commercial Cleaning Service
  • Moving Company Logistics Company
  • General Contractor
  • Accounting Firm Tax Preparation

Location

502 Strawberry Plains 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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