Prime Williamsburg Commercial Parcel
21.97 Acres of Commercial Land Offered at $8,242,287 USD in Williamsburg, VA 23188
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $8,242,287
- Property Type
-
Land
Listing Contacts
John Wilson
Verified Profile
- Property Info
Property Overview
6895 Richmond Road presents 21.97 acres of prime commercial land along Williamsburg’s largest commuter and growth corridor. The property is level, easily developed, and provides direct frontage on Richmond Road, which sees over 21,000 vehicles passing along it each day. Some entitlements are in-place allowing the creative investor to develop the property as multi-use.. The tract of land is perfectly placed as it adjoins Colonial Heritage, 1,400 acres of a 55+ age-restricted community, and the 20+ acre parcel to the east has been sold in order to develop an assisted care living facility. This growth corridor is home to Sentara Regional Hospital, Walmart, Lowes, Home Depot, Thomas Nelson Community College, and the Harris Teeter in the Lightfoot Marketplace. This parcel of land is only a brief six-minute drive to I-64, which is the main thoroughfare that connects Richmond to Norfolk, Virginia Beach, Chesapeake, and Newport News which are all within an hour’s drive. Investors can also look forward to capitalizing on the consumers drawn to the area by Busch Gardens, Colonial Williamsburg, Water Country, Great Wolf Lodge. One mile from Premier Outlets of Williamsburg, and 11 minutes from the College of William & Mary.
Property Details
- Property Subtype
- Commercial
Highlights
- Perfectly-positioned just off I-64 and equidistant to Richmond to the north and Norfolk, Virginia Beach, and Chesapeake to the south.
- Mixed-use (MU) Zoned
- Positioned on the areas largest Growth and Commuter corridor.
- Adjoins Colonial Heritage, 1,400-acre 55+ community.
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