4392 Rochambeau Dr Williamsburg, VA 23188
This exceptional 4.16-acre commercial lot is strategically located at the intersection of Rochambeau Drive and Croaker Road in Williamsburg, Virginia (zip code 23188). The property boasts 300 linear feet of frontage on Rochambeau Drive and 735 feet on Croaker Road, offering excellent visibility and accessibility. Currently featuring two farmhouses and outbuildings, the land is zoned A-1 and designated for Commercial Development within the James City County Comprehensive Plan. Its location directly off Interstate 64 provides unparalleled convenience and exposure. The property is situated within the Primary Service Area (PSA) of James City County, ensuring readily available public water and sewer services. The level lot presents a unique opportunity for a variety of commercial ventures. Permitted uses, as outlined in the James City County Economic Opportunity (EO) zoning, include, but are not limited to: convenience stores, gas stations, group homes, greenhouses/nurseries, hotels/motels, farmer's markets, lumber and building supply storage, restaurants and taverns, retail food stores, wineries, and veterinary hospitals. Many additional uses are permitted, and others may be considered with a Special Use Permit. This property represents a significant investment opportunity in a rapidly developing area of James City County, capitalizing on the Croaker corridor's strategic location, zoning, and proximity to I-64. The Lightfoot corridor being fully developed, this location offers a prime opportunity for commercial development and investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.