1205 Lightfoot RdWilliamsburg, VA 23188-9002
- Other commercial real estate
- 2,336 SF
Property Details for 1205 Lightfoot Rd
- Year built
- 1967
- Lot size
- 3.07 AC
- Property size (Sq ft)
- 2,336 SF
- Zone code
- ECONOMIC OPPORTUNITY
- Property type
- Other commercial real estate
- APN
- B20D-4999-1346
- APU
- B20D49991346
Description
This 3.1-acre commercial land parcel, located at 1205 Lightfoot Road in Williamsburg, Virginia (APN B20d-4999-1346), presents a unique investment opportunity. Zoned EO (Economic Opportunity), this property offers significant development potential for a variety of commercial uses. Its strategic location provides easy access to major roadways, including the Richmond Road commuter and commercial growth corridor, placing it within close proximity to numerous amenities and businesses. Nearby establishments include Sentara Hospital, Lowe's, Walmart, Home Depot, Great Wolf Lodge, and the Holiday Inn Resort. Furthermore, its proximity to Virginia Peninsula Community College and the Williamsburg Pottery further enhances its appeal. The property is also conveniently situated minutes from Bush Gardens and Water Country USA, and within an hour's drive of Virginia Beach and a 45-minute drive of Richmond. Conceptual plans for a multi-structure industrial facility have been submitted for adjacent properties, suggesting future growth and increased property value. This exceptional location and zoning make this 3.1-acre parcel an ideal investment for developers seeking to capitalize on the thriving commercial landscape of the Historic Triangle. The asking price is $985,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $523,521
- Hospitality
- $479,543
- Educational
- $398,974
- Medical
- $412,695
- Retail
- $620,626
Location Insight
- City
- Williamsburg
- County
- York
- State
- Virginia
- Latitude
- 37.3516
- Longitude
- -76.7381
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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