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Investment Highlights

  • High Traffic Visibility, Road Frontage along Richmond Rd/Route 60, Office Building & Land Lot with Development Opportunity

Executive Summary

Prime commercial investment opportunity located in Toano, Virginia with 150 feet of road frontage along Richmond Road (Route 60), positioned within one of James City County’s fastest-growing corridors. This two-parcel property totals 1.37 acres and offers exceptional road visibility and accessibility along a high-traffic corridor with an average daily traffic count of 15,034 vehicles. Lot 1-A is cleared and development-ready with direct frontage on Richmond Road, while Lot 1-B fronts Industrial Boulevard and is improved with a 1,456 square foot single-level office building featuring eight private offices, a conference room, one and a half bathrooms, and a kitchenette. The property includes twelve designated parking spaces with ample room for additional vehicle parking, storage, or expansion. Ideally situated at the entrance of Hankins Industrial Park, the site offers both immediate functionality for an owner-user and long-term upside for future development. Zoned M-2 (Light Industrial), the property supports a wide range of uses including contractor headquarters, fleet and equipment storage, warehouses, distribution, service-based businesses, and more, with additional opportunities available through special use permits. Strategically located just minutes from Interstate 64, the property provides seamless connectivity to Williamsburg, New Kent, and the greater Hampton Roads region, while benefiting from strong local and regional growth driven by tourism, expanding infrastructure, and a thriving industrial and logistics sector. Positioned between major growth nodes and supported by a robust economic landscape, this offering presents a rare opportunity to secure industrial-zoned property in a supply-constrained market with strong long-term investment potential.

Attachments

102 Industrial Blvd_Flyer.pdf-2
24-0293-PLAT (1)
M2 - County Zoning Uses

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,456 SF
Building Class
C
Year Built/Renovated
1987/2003
Price
$549,000
Price Per SF
$377.06
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,456 SF
Building FAR
0.02
Lot Size
1.37 AC
Zoning
M2 - M2 - General Industrial/Light Industrial. Best use: Office, contractors headquarters, light distribution, fleet and equipment storage
Parking
12 Spaces (8.24 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • American Dream Landscapes
  • Construction
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
American Dream Landscapes Construction - - -
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
20/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 12-4-01-0-0013K
  • 12-4-01-0-0013J
Land Assessment
$226,800
Improvements Assessment
$75,800
Total Assessment
$302,600
  • Listing ID: 40412221

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 100-102 Industrial Blvd, Toano, VA 23168

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