7084 George Washington Memorial Hwy Gloucester, VA 23061-5133
This exceptional retail property, located at 7084 George Washington Memorial Hwy in Gloucester, Virginia, presents a significant opportunity for businesses seeking high-traffic visibility. The property boasts a substantial 8,200 square feet of single-tenant retail space, ideal for a variety of commercial uses. Situated on a generous 1.92-acre lot, the property offers ample space for customer parking and potential expansion. The address is directly on George Washington Memorial Highway, ensuring excellent exposure to a large volume of daily traffic. The building's total square footage is 8,200 square feet, currently available for lease. The property is classified as Street Retail within the Commercial sector. Its location in Gloucester County, Virginia, zip code 23061, provides access to a thriving local community and convenient access to major transportation routes. This is a single-tenant property, offering a unique opportunity for a business to establish a strong presence in a high-traffic area. The property's size and location make it an attractive option for businesses seeking a prominent and easily accessible location. The 1.92-acre lot provides ample space for outdoor activities or additional development, depending on the tenant's needs. This is a prime opportunity to secure a highly visible retail space in a desirable location. The property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Gloucester, VAGloucester. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.