Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,095,000
Commercial land
5000 New Pt Rd Williamsburg, VA 23188-9411
Individually Owned
2-yr Hold
Free & Clear
Property ID
US87-1674625
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
19,870 SF
Lot
2.74 ac (119,442 SF)
Zoning code
LB LIMITED BUSINESS
APN
32-4 15-0-0001
UPID
US87-1674625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Addiction Recovery Center Of Virginia: Douglas A. Brown, MD Medical Clinic
-
Success In Mind Counselor Nurse Practitioner
-
Historic Virginia Land Conservancy Charitable Organization Social Service Agency
-
Cynthia Palmaz, LPC, LMFT, LSATP Counselor Mental Health Service
-
Williamsburg Area Association of Realtors Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$3.10M
Owner & transaction history
Robert Messer · 2 yrs held
Robert Messer
since 2024
7 recorded transactions
Zoning & alternative use
LB LIMITED BUSINESS · Williamsburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Williamsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.10M
Range $2.79M – $3.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$156 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Total area
19,870 SF
Lot
2.74 ac (119,442 SF)
Zoning code
LB LIMITED BUSINESS
APN
32-4 15-0-0001
UPID
US87-1674625
Jurisdiction
JAMES CITY
Zoning & alternative use
LB LIMITED BUSINESS · Williamsburg, VAZoning LB LIMITED BUSINESS · permitted uses
LB LIMITED BUSINESS · Williamsburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
2.74 ac
Current owner
From public records · entity-resolved
Robert Messer
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 421, WILLIAMSBURG, VA 23187-0421
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
$140,000
Robert Messer
David A Carrithers
Warranty Deed
—
Jun 16, 2023
$87,000
David A Carrithers
Jeffrey A Ward
Warranty Deed
—
Jan 28, 2022
—
Success In Mind Properties LLC
Success In Mind Of Virginia LLC
Deed
related
—
Oct 13, 2021
$150,000
Rahman PLLC
Mark M Neale
Warranty Deed
—
Feb 12, 2020
—
Success In Mind Of Va LLC
Jeffrey A Cisewski
Grant Deed
related
—
Jan 13, 2020
$130,000
Success In Mind Of Va LLC
Charter LLC
Warranty Deed
$104,000 · Private Individual
Jan 11, 2019
$116,000
Success In Mind Of Va LLC
Charter LLC
Warranty Deed
$92,800 · Private Individual
Sep 11, 2018
—
Commonwealth & Va
Williamsburg Busn Ctr Unit Own
Grant Deed
related
—
May 6, 2016
$120,000
Long Olde Towne LLC
Dm Snips LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5000 New Pt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
