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Financial
Distress signals
Property profile

5509 Richmond Rd Williamsburg, VA 23188

OFF-MARKET
Other commercial real estate
Property ID
US87-1481074
6,638 SF 1.83 ac lot Built 2006
Last sale Mar 2026 · $1,750,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a second-generation restaurant site located along Richmond Road, a commercial corridor, in proximity to the Williamsburg Premium Outlet Mall. It consists of an oversized 1.83-acre parcel that includes a 6,100-square-foot building configured for restaurant use and with physical space on-site that could support future expansion or redevelopment. The site benefits from exposure to high daily traffic on Richmond Road and is positioned in an area with limited nearby food service options.

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?
$18k
Tax billed · 2019
Assessed value · 2023$2.18M
Assessed land$845k
Assessed improvement$1.33M
Effective rate0.84%

Value estimate

· Oct 2026
$1.29M
$1.16M – $1.41M
Submarket $/SF estimate$1.46M

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

Recently sold

What actually traded nearby?
$182/SF
ZIP average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$110 – $301
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?
B1 GENERAL BUSINESS
JurisdictionJAMES CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.9
Building Supply15.6
Law Firm14.9

Location

5509 Richmond Rd Williamsburg, VA 23188-1917
County assessor Recorded deeds · 4 transfers 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
8250 Croaker, Williamsburg, VA 23188 $2,118,000 Feb 2026 11,070 SF
4540 Casey, Williamsburg, VA 23188 $45,000 Mar 2025 10,060 SF
7201 Richmond, Williamsburg, VA 23188-7218 $900,000 Sep 2024 4,120 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
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