18 Williamsburg Rd Sandston, VA 23150
- Turn key restaurants
- 1,705 SF
- 0.23 lot acres
Current Use by Public Records
- Atwood's Printing / Blueprint Service / Graphic Designer
- Sandston Bistro & Shakes / Bistro / Fast Food Restaurant
Property Details for 18 Williamsburg Rd
- Year built
- 1970
- Lot size
- 0.23 lot acres
- Property size
- 1,705 SF
- Zone code
- B-1
- Property type
- Turn key restaurants
- APN
- 827-716-3416
- APU
- 8277163416
Description
This exceptional investment opportunity encompasses a fully leased office complex situated at 18-36 W. Williamsburg Rd, Sandston, VA 23150. The property comprises three parcels totaling 1.09 acres and features a combined 13,984 square feet of space. The main building at 18 W. Williamsburg Rd offers 3,504 square feet of office space on a 0.12-acre lot zoned B-1. A second building, located at 20-30 W. Williamsburg Rd, spans 10,480 square feet, including 7,000 square feet of office/retail space and a 3,480 square foot warehouse with two drive-in doors. This building sits on a 0.66-acre lot zoned B-3c. Finally, a 0.31-acre lot zoned B-1 is also included at 36 W. Williamsburg Rd. The entire complex benefits from a highly desirable location, within 1.5 miles of I-64 and Richmond International Airport. This fully leased property offers a compelling investment opportunity with a projected cap rate of 7.25% - 7.50%. The property's zoning (B-1 & B-3) allows for a variety of uses, ensuring long-term value and potential for future growth. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sandston
- County
- Henrico
- State
- Virginia
- Longitude
- -77.3123
- Latitude
- 37.523
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
