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Property profile & analytics
OFF-MARKET Estimated value $515,000
Commercial real estate

1205 Lightfoot Rd Williamsburg, VA 23188-9002

2,336 SF 3.07 ac lot Built 1967
Individually Owned ~ Est. High Equity
Property ID
US87-0924888
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1967
Total area 2,336 SF
Lot 3.07 ac (133,729 SF)
Zoning code ECONOMIC OPPORTUNITY
APN B20D-4999-1346
UPID US87-0924888
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
  • Helen's Place Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
$594k
Blend (final) Blend
$515k
Owner & transaction history
Kelly L Lusk
Kelly L Lusk
since 2025
Last sale
$525,000
3 recorded transactions
2025
$525,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
ECONOMIC OPPORTUNITY · Williamsburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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