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1901 Richmond Rd 1.16 Acres of Commercial Land Offered at $797,872 in Williamsburg, VA 23185
Investment Highlights
- Traffic Counts on Richmond Road average 21,000 VPD.
- This is the core dining and retail sector for W&M's 8,600+ students.
- Uptown Alley's planned location at the former Yankee Candle Factory is 0.3 miles to the west.
- Over 2,000 hotel rooms within a one mile radius.
- Williamsburg Premium Outlets are one mile west on Richmond Road.
- Easy access to Interstate 64 via Richmond Road to Route 199 and Bypass Road to the Camp Peary interchange.
Executive Summary
The property is located near The College of William & Mary, Colonial Williamsburg, and the new Mid Town Row development, ensuring a steady flow of local and visitor traffic. Surrounded by established retailers and residential neighborhoods, the site is well-suited for retail, hospitality, or mixed-use development. Monument signage and a private parking lot enhance its accessibility and exposure.
With strong demographics, including an average household income exceeding $100,000 within a 3-mile radius, this location provides an excellent foundation for businesses seeking to capitalize on Williamsburg’s growing economy and tourism base.
Property Facts
| Price | $797,872 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.16 AC |
| Property Type | Land | ||
| Zoning | GB - General Business | ||
| Price | $797,872 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.16 AC |
| Zoning | GB - General Business |
1 Lot Available
Lot
| Price | $797,872 | Lot Size | 1.16 AC |
| Price Per AC | $687,820.69 |
| Price | $797,872 |
| Price Per AC | $687,820.69 |
| Lot Size | 1.16 AC |
The property is served by a private parking lot with ample parking and has monument signage for maximum visibility. It is located in a well-established area and surrounded by numerous retailers and solid residential neighborhoods. It is an ideal rede
Description
The property at 1901 Richmond Road in Williamsburg, VA consists of approximately 1.16 acres of land zoned for general business use. It is located along Richmond Road near the intersection with Route 60 and is served by a private parking lot. The site is within close proximity to The College of William & Mary, Colonial Williamsburg, and the Mid Town Row development. The surrounding area includes retail establishments and residential neighborhoods.
Property Taxes
| Parcel Number | C16D-3981-1618 | Improvements Assessment | $9,400 |
| Land Assessment | $726,800 | Total Assessment | $736,200 |
Property Taxes
Presented by
1901 Richmond Rd
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