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Property profile & analytics

406 Bypass Rd Williamsburg, VA 23185

  • Commercial real estate
  • 1.92 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1359106
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 406 Bypass Rd

Year built
1949
Lot size
1.92 lot acres
Zone code
GENERAL BUSINESS
Property type
Commercial real estate
APN
D15D-3270-1791
APU
D15D32701791

Description

This 1.92-acre commercial land parcel in Williamsburg, Virginia, presents a remarkable investment opportunity. Strategically located on Bypass Road, a major thoroughfare for tourists, commuters, and locals, this property boasts a General Business (GB) zoning designation. This allows for a wide array of commercial uses, including retail, restaurants, shopping centers, professional services, and automotive businesses. The high-traffic location benefits from over 28,000 vehicles daily, placing your business within easy reach of a substantial customer base. The area is densely populated with tourism-related businesses, including over 1,500 hotel/motel rooms and over 1,000 timeshare units within a one-mile radius. Proximity to Colonial Williamsburg, the College of William & Mary, and Interstate 64 ensures exceptional visibility and accessibility. The property is situated between a 7-Eleven and a Country Inn & Suites, further enhancing its prime location. Note that three residential buildings are currently on the lot. Cash offers are preferred. This is an exceptional chance to capitalize on the thriving Williamsburg tourism market and its strong local economy, attracting millions of visitors annually to nearby attractions such as Colonial Williamsburg, Jamestown, Yorktown, Busch Gardens, and Water Country USA. The property's location on Bypass Road, one of Williamsburg's primary commercial corridors, guarantees significant exposure and potential for substantial returns.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Williamsburg
County
York
State
Virginia
Longitude
-76.7113
Latitude
37.2837
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
$6,024
$810,000
$4,000
$814,000
-
$810,000
$4,000
$814,000
More about this property
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