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    Property profile & analytics

    612 Alexander Lee Pkwy Williamsburg, VA 23185-5837

    • Warehouses
    • 6,769 SF
    • 2.36 lot acres
    OFF-MARKET
    Value Estimation
    $1,295,000
    Last Sale
    Sep 14, 2022
    $1,350,000
    Location Intelligence
    Property ID
    US87-3090408
    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

    • LaRS Group Inc. / Contractor

    Property Details for 612 Alexander Lee Pkwy

    Year built
    2019
    Lot size
    2.36 lot acres
    Property size
    6,769 SF
    Zone code
    ECONOMIC OPPORTUNITY
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    H13A-0882-3606
    APU
    H13A08823606

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,280,000
      6.5%
      $1,270,000
      7%
      $1,275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,265,000
      Geo Method
      $1,205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,350,000
      Retail
      $1,430,000
      Mixed-Use
      $1,375,000
      Hospitality
      $1,300,000
      Educational
      $1,155,000
      Residential Income
      $1,180,000
      Energy
      $1,225,000
      Income-Based Land
      $1,075,000
      Food Service
      $1,380,000

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    York
    State
    Virginia
    Longitude
    -76.6513
    Latitude
    37.2603
    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
    $8,872
    $221,000
    $977,900
    $1,198,900
    -
    $221,000
    $977,900
    $1,198,900

    Comparable in this City

    • Value Estimation by Request
      71,435 SF

      723 Merrimac Trl

      MINI-WAREHOUSE, STORAGE • 71,435 SF
      723 Merrimac Trl, Williamsburg, VA 23185-5349
      View Details
    • Value Estimation
      $13,170,000
      98,747 SF

      451 Merrimac Trl

      MINI-WAREHOUSE, STORAGE • 98,747 SF
      451 Merrimac Trl, Williamsburg, VA 23185-4819
      View Details
    • Value Estimation
      $5,405,000
      63,872 SF

      600 Alexander Lee Pkwy

      MINI-WAREHOUSE, STORAGE • 63,872 SF
      600 Alexander Lee Pkwy, Williamsburg, VA 23185-5837
      View Details
    • Value Estimation by Request
      77,778 SF

      1629 Merrimac Trl

      MINI-WAREHOUSE, STORAGE • 77,778 SF
      1629 Merrimac Trl, Williamsburg, VA 23185-5624
      View Details
    • Value Estimation by Request
      2.90 Acres

      233 Pkwy Dr

      WAREHOUSE, STORAGE • 2.90 Acres
      233 Pkwy Dr, Williamsburg, VA 23185-4545
      View Details
    • Value Estimation
      $175,000
      0.64 Acres

      309 Botetourt St

      WAREHOUSE, STORAGE • 0.64 Acres
      309 Botetourt St, Williamsburg, VA 23185
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      20,000 SF

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      Class A industrial warehouse, 20,000 sqft.
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    • Contact for pricing
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      Class A Industrial Space Available
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    • Contact for pricing
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      Available Retail/Flex Space in Williamsburg

      45,000± SF retail/flex space near I-64 and Route 199.
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      View Details
    • $18 SF/Yr
      149,872 SF

      Williamsburg Retail Center

      Prime Williamsburg retail space, 12 suites available.
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      View Details
    • $12 SF/Yr
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      Williamsburg Office Space For Rent

      Office space for rent near Colonial Williamsburg and William & Mary.
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      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
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    Williamsburg, VA 23185-5837
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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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