Financial
Distress signals
Property profile

1012 Richmond Rd Williamsburg, VA 23185

OFF-MARKET
Retail space
Property ID
US87-3248663
3,300 SF 0.23 ac lot Built 1940
Last sale Aug 2021 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a renovated mixed-use building offering up to 3,300 square feet that can be configured for retail or office use. It includes a roll-up door, and the space is situated within walking distance of William & Mary’s main campus, the football stadium, and the majority of nearby student housing. The location is approximately just under one mile from Colonial Williamsburg and within about five miles of regional attractions such as Jamestown, Yorktown, Busch Gardens, and Water Country USA.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$509k
Assessed land$154k
Assessed improvement$355k
Effective rate0.62%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$450k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LB-2 (LIMITED BUSINESS NE
JurisdictionWILLIAMSBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.7
Auto Parts Store12.6
Wholesale Shop12.0

Location

1012 Richmond Rd Williamsburg, VA 23185-2824
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
157 2nd, Williamsburg, VA 23185-4523 $750,000 Oct 2024 4,788 SF
395 2nd, Williamsburg, VA 23185-4527 $775,000 Apr 2024 2,400 SF
409 Byp, Williamsburg, VA 23185-2924 $1,700,000 Mar 2024 6,816 SF
515 York, Williamsburg, VA 23185-4723 $259,000 Jul 2022 1,928 SF
219 Boundary, Williamsburg, VA 23185-3610 $1,100,000 Mar 2022 1,647 SF
416 Byp, Williamsburg, VA 23185-2925 $3,397,441 Aug 2019 2,401 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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