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    Property profile & analytics

    605 Richmond Rd Williamsburg, VA 23185-3539

    • Bed & breakfasts
    • 3,288 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $785,000
    Last Sale
    Oct 20, 2021
    $820,000
    Location Intelligence
    Property ID
    US87-2848250
    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

    • Inn at 605 / Bed & Breakfast
    • Inn @ 605 / Bed & Breakfast

    Property Details for 605 Richmond Rd

    Year built
    1928
    Lot size
    0.23 lot acres
    Property size
    3,288 SF
    Zone code
    RS-2 (SINGLE-FAMILY DWELL
    Property type
    Bed & breakfasts
    APN
    2813.457.932
    APU
    2813457932

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $740,000

    • CAP approach

      CAP return
      Estimation
      6%
      $950,000
      6.5%
      $905,000
      7%
      $840,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $900,000
      Geo Method
      $955,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $935,000
      Retail
      $950,000
      Mixed-Use
      $765,000
      Hospitality
      $750,000
      Educational
      $1,000,000
      Residential Income
      $755,000
      Energy
      $785,000
      Income-Based Land
      $875,000
      Food Service
      $950,000

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Williamsburg City
    State
    Virginia
    Longitude
    -76.7143
    Latitude
    37.2759
    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
    2023
    $5,863
    $245,500
    $700,200
    $945,700
    -
    $245,500
    $700,200
    $945,700

    Comparable in this City

    • Value Estimation
      $665,000
      3,718 SF

      1109 Jamestown Rd

      BED & BREAKFAST • 3,718 SF
      1109 Jamestown Rd, Williamsburg, VA 23185-3315
      View Details
    • Value Estimation
      $490,000
      7,466 SF

      718 Jamestown Rd

      BED & BREAKFAST • 7,466 SF
      718 Jamestown Rd, Williamsburg, VA 23185-3914
      View Details
    • Value Estimation
      $360,000
      4,028 SF

      505 Capitol Ct

      BED & BREAKFAST • 4,028 SF
      505 Capitol Ct, Williamsburg, VA 23185-4501
      View Details
    • Value Estimation
      $415,000
      4,413 SF

      922 Jamestown Rd

      BED & BREAKFAST • 4,413 SF
      922 Jamestown Rd, Williamsburg, VA 23185-3917
      View Details
    • Value Estimation
      $380,000
      3,089 SF

      600 Richmond Rd

      BED & BREAKFAST • 3,089 SF
      600 Richmond Rd, Williamsburg, VA 23185-3540
      View Details
    • Value Estimation
      $380,000
      3,528 SF

      710 Henry St

      BED & BREAKFAST • 3,528 SF
      710 Henry St, Williamsburg, VA 23185-4113
      View Details

    Similar Nearby for Sale

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      33 Acres, Prime Williamsburg Location
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      Commercial land available for purchase.
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      5.13 acre commercial land parcel with utilities available.
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    Similar Nearby for Lease

    • $18 SF/Yr
      149,872 SF

      Williamsburg Retail Center

      Prime Williamsburg retail space, 12 suites available.
      5251 John Tyler Hwy, Williamsburg, VA 23185
      View Details
    • Contact for pricing
      373,536 SF

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      Class A Industrial Space Available
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      View Details
    • $12 SF/Yr
      1,693 SF

      Williamsburg Office Space For Rent

      Office space for rent near Colonial Williamsburg and William & Mary.
      1215 S Mount Vernon Ave, Williamsburg, VA 23185
      View Details
    • Contact for pricing

      Retail Space in Williamsburg Center

      Retail space available in shopping center anchored by Harris Teeter.
      1470 Quarterpath Rd, Williamsburg, VA 23185
      View Details
    • $19 SF/Yr
      7,500 SF

      Class A Office Space Available

      Premier office space in Busch Corporate Center, move-in ready.
      432 Mclaws Cir, Williamsburg, VA 23185
      View Details
    • $12 SF/Yr
      1,200 SF

      Renovated Office Suite in Williamsburg

      Recently renovated 1,200 SF office suite with four offices.
      1781 Jamestown Rd, Williamsburg, VA 23185
      View Details
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    605 Richmond Rd
    Williamsburg, VA 23185-3539
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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