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Property profile

240 Mclaws Cir Williamsburg, VA 23185

OFF-MARKET
Commercial real estate
Property ID
US87-1474646
10,098 SF 1.69 ac lot Built 1985
Last sale Mar 2025 · $1,667,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 7,412 square foot retail shopping center, located at 240 McLaws Circle in Williamsburg, Virginia (zip code 23185), presents a unique investment opportunity. The entire property, zoned VC, is currently vacant and available for immediate occupancy. The center offers flexible space options, with a minimum divisible unit size of 1,059 square feet and a maximum contiguous space of 3,776 square feet. This allows for a variety of potential tenants, from smaller boutiques to larger…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$8k
Tax billed · 2019
Assessed value · 2023$999k
Assessed land$325k
Assessed improvement$674k
Effective rate0.84%

Value estimate

· Oct 2026
$2.17M
$1.95M – $2.39M
AI approach$2.07M
Submarket $/SF estimate$1.83M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$240/SF
ZIP average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$104 – $385
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1 LIMITED BUSINESS/INDUS
JurisdictionJAMES CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.0
Wholesale Shop16.1
Auto Repair Shop15.3

Location

240 Mclaws Cir Williamsburg, VA 23185-5678
County assessor Recorded deeds · not on file 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4300 John Tyler, Williamsburg, VA 23185-2445 $1,325,000 Feb 2026 6,782 SF
1601 Grn Mt, Williamsburg, VA 23185-6248 $13,325,000 Feb 2026 4,900 SF
469 Mclaws, Williamsburg, VA 23185-5645 $682,000 May 2025 6,898 SF
1761 Jamestown, Williamsburg, VA 23185-2336 $430,000 Mar 2025 3,925 SF
7228 Merrimac, Williamsburg, VA 23185 $1,075,001 Sep 2024 5,600 SF
7224 Merrimac, Williamsburg, VA 23185-5224 $1,075,001 Sep 2024 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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