100 Kelton Sta Williamsburg, VA 23188
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the thriving Williamsburg, Virginia market. Located at 100 Kelton Station in York County, zip code 23188 (latitude 37.34143, longitude -76.75036), this property is zoned EO (Economic Opportunity), offering significant development potential. The site boasts excellent visibility and accessibility, fronting a newly developed area featuring 204 apartments and 32 townhomes, ensuring a strong and growing surrounding population. Its strategic location provides quick access to major transportation arteries including I-64, Route 199, and Route 60, facilitating easy commutes and efficient logistics. The area is also characterized by a major retail hub and an upscale market, creating a robust and desirable environment for commercial ventures. This parcel is ideal for sale or build-to-suit projects, catering to a wide range of commercial development possibilities. The asking price for this 1.5-acre lot is $450,000. This represents a compelling investment in a high-growth area with significant upside potential. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Virginia market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.