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Property profile

5242 Old Towne Rd Williamsburg, VA 23188

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 800-square-foot commercial unit, located at 5242 Old Towne Road Unit 11 in Williamsburg, Virginia, presents a fantastic opportunity for a variety of businesses. The property is classified as retail and land, offering a single-tenant occupancy within a building containing only one suite. Its prime location in Williamsburg City County ensures excellent visibility and convenient access for customers and employees. The space boasts an open floor plan, perfect for maximizing functionality and creating a welcoming atmosphere. A dedicated back office area provides additional privacy and workspace, complemented by large windows that flood the unit with natural light. Ample parking is available, ensuring ease of access for both clients and staff. The property's versatility makes it suitable for a range of uses, including retail, office, or service-oriented businesses. This is an ideal location to establish or expand your business in a thriving community. The property is situated in Williamsburg, VA, zip code 23188, offering a strategic location within the city. This turnkey space is ready for immediate occupancy, providing a seamless transition for your business operations. The property's features and location combine to create a compelling investment opportunity.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

5242 Old Towne 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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