1205 Lightfoot Rd Williamsburg, VA 23188-9002
This 3.1-acre commercial land parcel, located at 1205 Lightfoot Road in Williamsburg, Virginia (APN B20d-4999-1346), presents a unique investment opportunity. Zoned EO (Economic Opportunity), this property offers significant development potential for a variety of commercial uses. Its strategic location provides easy access to major roadways, including the Richmond Road commuter and commercial growth corridor, placing it within close proximity to numerous amenities and businesses. Nearby establishments include Sentara Hospital, Lowe's, Walmart, Home Depot, Great Wolf Lodge, and the Holiday Inn Resort. Furthermore, its proximity to Virginia Peninsula Community College and the Williamsburg Pottery further enhances its appeal. The property is also conveniently situated minutes from Bush Gardens and Water Country USA, and within an hour's drive of Virginia Beach and a 45-minute drive of Richmond. Conceptual plans for a multi-structure industrial facility have been submitted for adjacent properties, suggesting future growth and increased property value. This exceptional location and zoning make this 3.1-acre parcel an ideal investment for developers seeking to capitalize on the thriving commercial landscape of the Historic Triangle. The asking price is $985,000.
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Helen's Place Photography Photography Service (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ECONOMIC OPPORTUNITY · Williamsburg, VAWilliamsburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.