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    Property profile & analytics

    817 Merrimac Trl Williamsburg, VA 23185

    • Commercial real estate
    • 2,655 SF
    • 1.15 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-0360545
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 817 Merrimac Trl

    Year built
    1754
    Lot size
    1.15 lot acres
    Property size
    2,655 SF
    Zone code
    GENERAL BUSINESS
    Property type
    Commercial real estate
    APN
    F14D-3765-1115
    APU
    F14D37651115

    Description

    This exceptional 1.15-acre commercial land parcel presents a remarkable investment opportunity in the thriving "Edge" area of York County, Virginia. Located at 817 Merrimac Trail, Williamsburg, VA 23185 (APN 120001317), this property boasts a highly desirable General Business zoning designation. The lot offers significant visibility and accessibility with 156 feet of frontage and two convenient ingress/egress points. Priced at $850,000 ($652,173.91/acre), this prime retail site is situated adjacent to the bustling James York Plaza, ensuring high traffic volume and excellent exposure. The surrounding area features a diverse mix of established businesses, including major retailers such as Food Lion, Dollar Tree, CVS, Auto Zone, Hardees, Shorty's Diner, Casa Pearl, Holiday Chevrolet Cadillac, Davita, Family Dollar, Sherwin Williams, and the Virginia Beer Company, creating a vibrant and dynamic commercial environment. This location provides immediate access to a substantial customer base and presents an unparalleled opportunity for developers and investors seeking a strategic foothold in a rapidly growing market. Don't miss this chance to acquire a premier retail property in a prime Williamsburg location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $520,000
      6.5%
      $440,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $510,000
      Retail
      $500,000
      Mixed-Use
      $480,000
      Hospitality
      $455,000
      Educational
      $505,000
      Residential Income
      $505,000
      Energy
      $435,000
      Income-Based Land
      $530,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    York
    State
    Virginia
    Longitude
    -76.6756
    Latitude
    37.2676
    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
    2024
    $4,482
    $523,000
    $82,700
    $605,700
    -
    $523,000
    $82,700
    $605,700

    Comparable in this City

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      1,152 SF

      1323 Jamestown Rd Ste, Unit 103

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    • Value Estimation by Request
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      COMMERCIAL (GENERAL) • 1,152 SF
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    Williamsburg, VA 23185
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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