Williamsburg, VA
Commercial Real Estate Market Trends & Data

Williamsburg's Demographic Profile

Williamsburg has 5,677 households and a median income of $69,160, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 16,575
# Households 5,677
Median age 28
Median household income $69,160
Avg household size 2.0
Renter-occupied housing units 3,345
5-year population change +8%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Williamsburg, VA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Williamsburg $193 7,032 SF 7.30%
Gloucester $205 2,954 SF 5.34%
Yorktown $209 18,436 SF 9.70%
Nearby Retail Markets Avg Cost/SF Typical Size
Williamsburg $434 5,734 SF
Surry $76 17,957 SF
Gloucester Point $212 2,740 SF
Gloucester $797 4,203 SF
Yorktown $243 30,929 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Gloucester Point $1,047 1,300 SF 5.00%
North $167 2,547 SF 9.00%
Newport News $172 9,000 SF 8.29%

Commercial Properties For Sale in Williamsburg

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Colonial Manor

Williamsburg, VA 23185

  • 52,648 SF Health Care Building
  • $8,950,000
For Sale

123 Bulifants Blvd

Williamsburg, VA 23188

  • 5,130 SF Office Building
  • 7.30% Cap Rate
  • $1,425,000
For Sale

1177 Jamestown Rd

Williamsburg, VA 23185

  • 7,700 SF Office Building
  • $1,475,000
For Sale

223 Bulifants Blvd

Williamsburg, VA 23188

  • 5,384 SF Office Building
  • $340,000
For Sale

4139 Ironbound Rd

Williamsburg, VA 23188

  • 9,158 SF Retail Building
  • $3,000,000
For Sale

8988 Pocahontas Trl

Williamsburg, VA 23185

  • 1.42 AC Lot
  • 1 Commercial Lot
  • $200,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Williamsburg pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Williamsburg $318 29,556 SF
Toano $199 26,959 SF
Surry $69 20,924 SF
Gloucester Point $409 2,037 SF

Regional Demographic Comparison

This comparison places Williamsburg alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Williamsburg or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Williamsburg 16,575 5,677 28 $69,160 2 3,345 8%
Toano 9,348 3,369 43 $94,715 3 444 10%
Surry 174 77 53 $53,333 2 22 1%
Gloucester Point 10,463 4,407 44 $72,187 2 1,245 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Williamsburg, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Williamsburg

View All Commercial Real Estate For Sale in Williamsburg
Is Williamsburg a good market for a first-time commercial real estate investor?

Williamsburg offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Williamsburg?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Williamsburg. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Williamsburg?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Williamsburg. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Williamsburg compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Williamsburg. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Williamsburg acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Williamsburg, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.