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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office Spaces
1201 Jamestown Rd Williamsburg, VA 23185-3307
Individually Owned
8-yr Hold
Free & Clear
Property ID
US87-2923999
Property summary
AI-generated overview
This meticulously maintained, 2,808 square foot executive office building, located at 1201 Jamestown Road in Williamsburg, Virginia, presents a unique owner-user opportunity. Situated on a 0.26-acre lot at a high-traffic intersection of Jamestown Road and Route 199, this Class C property boasts excellent visibility and signage potential. The building, constructed in 1985 and extensively renovated in 2024, features three units currently operating at 100% occupancy. Recent upgrades include a new HVAC system, air conditioning, and water heater, ensuring efficient and comfortable operation. Ample parking is provided with 12 spaces. The property is zoned B-2 and offers a lower tax rate compared to neighboring areas within James City County. This turnkey investment is ideally located near the College of William & Mary, shopping centers, and residential communities, providing convenient access to a diverse clientele. The asking price is $635,000, translating to $226.14 per square foot. The property features a simple ownership structure and is offered for sale by owner. The APN is 552-06-00-B.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1985
Total area
2,808 SF
Lot
0.26 ac (11,326 SF)
Zoning code
B-2 (CORRIDOR BUSINESS)
APN
2008.448.982
UPID
US87-2923999
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate and Professional Services Real Estate Agency
-
7 Cities Group, LLC Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$630k
Owner & transaction history
Professional And Real Estate Servic · 8 yrs held
Professional And Real Estate Servic
since 2018
1 recorded transaction
Zoning & alternative use
B-2 (CORRIDOR BUSINESS) · Williamsburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Williamsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,386
Tax year 2023
Assessed value
$546,100
Assessed 2023
Previous assessed
$443,000
+23.3% YoY
Effective rate
0.62%
On assessed value
Assessed land
$148,600
Assessed improvement
$397,500
Land market value
$148,600
Improvement market value
$397,500
Total market value
$546,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
2,808 SF
Lot
0.26 ac (11,326 SF)
Zoning code
B-2 (CORRIDOR BUSINESS)
APN
2008.448.982
UPID
US87-2923999
Jurisdiction
WILLIAMSBURG CITY
Zoning & alternative use
B-2 (CORRIDOR BUSINESS) · Williamsburg, VA
Zoning B-2 (CORRIDOR BUSINESS) · permitted uses
B-2 (CORRIDOR BUSINESS) · Williamsburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Professional And Real Estate Servic
Individual
Free & Clear · 8 yrs held
Mailing address
106 WOODMERE DR, WILLIAMSBURG, VA 23185-3975
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2018
$350,000
Professional And Real Estate Servic
Mccardle Nichols LLC A Virginia Lim
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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