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    210 Whittakers Trce Williamsburg, VA 23185-5868

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    210 Whittakers Trce Williamsburg, VA 23185-5868


    • Retail space
    • 30,281 SF
    • 2.36 lot acres
    Off-Market
    Property ID
    US87-1579295
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,105,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Geek Squad / Tech Support Center / (Bike/Boat/Book/etc) Store
    • Best Buy / Electronics & Wireless Store

    Property Details for 210 Whittakers Trce

    Year built
    2008
    Lot size
    2.36 lot acres
    Property size
    30,281 SF
    Zone code
    ECONOMIC OPPORTUNITY
    Property type
    Retail space
    APN
    H13B-3705-2673
    APU
    H13B37052673

    Description

    This fee-simple, stabilized retail investment presents a compelling opportunity. The property features a 30,281 square foot Best Buy, operating under a net-net lease with a remaining term of 2.3 years, expiring February 23, 2027, and lease options for 2 and 5 years with a $0.50/SF rent bump per option. The property boasts a 7.50% cap rate and a strong net operating income (NOI) of $322,500, with an asking price of $4,300,000 ($142/SF). Built in 2008, this single-building property sits on a 2.36-acre lot in Williamsburg, VA (210 Whittakers Trce, 23185), a prime location within the Williamsburg-Norfolk MSA, the 37th largest metro area in the US. The tenant recently replaced the parking lot and waived early termination rights, demonstrating a long-term commitment. A new billboard enhances visibility from I-64, a major east-west interstate highway. The property benefits from its proximity to other major retailers like Target and Kohl's, a planned food court, and the upcoming Marquis Hills development (182 single-family homes and 418 apartments, groundbreaking May 2024). The area shows strong growth potential, with projected population growth exceeding 5% within a 1-mile radius over the next 5 years and average household incomes exceeding $112,500 annually within a 3-mile radius. The property is also within 2 miles of the Naval Weapons Station. This is an exceptional opportunity to acquire a high-performing retail asset in a thriving market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $865,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,349,000
      Market price range: $1.18M - $3.82M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    York
    State
    Virginia
    Longitude
    -76.6417
    Latitude
    37.2576
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,904
    $800,000
    $2,295,100
    $3,095,100
    -
    $800,000
    $2,295,100
    $3,095,100
    More about this property
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