Technical
Financial
Distress signals
Property profile

723 Merrimac Trl Williamsburg, VA 23185

OFF-MARKET
Other warehouses
Property ID
US87-0366010
71,435 SF 5.79 ac lot Built 2001
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A centrally located retail space in the historic “Edge District,” within a shopping center anchored by Food Lion, Rite Aid, and Dollar Tree. The property encompasses approximately 8,400 square feet and is configured with multiple ingress and egress points, including access via a signalized intersection and rear access to Hubbard Lane. The site is positioned about two miles from the College of William & Mary, Colonial Williamsburg, Busch Gardens, and Water Country USA. The frontage and surrounding area include residential development across the street, which contributes to local traffic patterns.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2001
Total area 71,435 SF
Lot 5.79 ac (251,995 SF)
Zoning code GENERAL BUSINESS
APN F14D-4095-1525
UPID US87-0366010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

723 Merrimac Trl Williamsburg, VA 23185-5349
Williamsburg metro Census 51100 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Zoning & alternative use

GENERAL BUSINESS · Williamsburg, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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