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Property profile & analytics

7449 Richmond Rd Williamsburg, VA 23188

  • Commercial real estate
  • 1,350 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1578412
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

  • Commercial real estate

Property Details for 7449 Richmond Rd

Year built
1959
Lot size
0.40 lot acres
Property size
1,350 SF
Zone code
B1 GENERAL BUSINESS
Property type
Commercial real estate
APN
23-2 02-A-0003
APU
23202A0003

Description

This exceptional commercial property at 7449 Richmond Road, Williamsburg, VA 23188, presents a unique investment opportunity. The 1.1-acre lot boasts valuable road frontage on Richmond Road with convenient secondary access via Laurel Lane. The property includes a 1,550 square foot building, currently suitable for office use or potential residential conversion for on-site business operation. Additional structures include a 23 x 10 workshop building with a concrete floor and a 23 x 39 pole building, offering versatile space for various commercial needs. The property is zoned B-1, allowing for multiple business and commercial uses by right (a detailed list of permitted uses is available). This location offers easy access to both Williamsburg and Richmond, making it an ideal spot for a variety of businesses. The asking price is $500,000. The property and all improvements are sold "As Is." The significant acreage provides ample room for expansion, making this a truly compelling investment opportunity in a thriving area. This is a rare chance to acquire a versatile commercial property with significant potential in a highly desirable location.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Williamsburg
County
James City
State
Virginia
Longitude
-76.7725
Latitude
37.3693
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
2019
$1,394
$140,600
$25,400
$166,000
-
$140,600
$25,400
$166,000
More about this property
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