5251 John Tyler HwyWilliamsburg, VA 23185

For Lease
$18/SF/YR View listing
  • Commercial real estate
  • 136,077 SF

Property Details for 5251 John Tyler Hwy

Year built
1989
Lot size
16.25 AC
Property size (Sq ft)
136,077 SF
Zone code
B1 GENERAL BUSINESS
Property type
Commercial real estate
APN
48-1 22-0-0002
APU
4812200002

Description

This exceptional retail property, Williamsburg Crossing, located at 5251 John Tyler Hwy, Williamsburg, VA 23185, offers 149,872 square feet of commercial space in a thriving James City County location. The property features twelve individual suites, ranging from a minimum of 705 square feet to a maximum contiguous space of 3,429 square feet. Currently, 18,116 square feet is available for lease. The property is zoned B-1, providing flexibility for a variety of retail uses. Ample parking is provided with 720 spaces available for customers and employees. Williamsburg Crossing benefits from its strategic location within a vibrant community boasting significant tourist attractions such as Busch Gardens Williamsburg and Water Country USA, historical sites like Colonial Williamsburg and Jamestown, and numerous high-end resorts and neighborhoods including Kingsmill and Ford's Colony. The area also features strong employment bases, including Anheuser-Busch/Inbev Williamsburg Brewery and Colonial Williamsburg, as well as the popular Williamsburg Premium Outlets. The presence of William & Mary College further contributes to the area's dynamic and diverse population. This is a unique opportunity to establish a presence in a highly desirable and stable market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $28,897,988
    Hospitality
    $26,470,402
    Educational
    $22,023,064
    Medical
    $22,780,470
    Retail
    $34,258,100
5251 John Tyler Hwy, Williamsburg, Virginia
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Location Insight

City
Williamsburg
County
James City
State
Virginia
Latitude
37.2577
Longitude
-76.7397
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$45,552
$2,274,700
$3,148,200
$5,422,900
-
$2,274,700
$3,148,200
$5,422,900

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