817 Merrimac TrlWilliamsburg, VA 23185

  • Other commercial real estate
  • 2,655 SF
For Sale
$850,000 View listing

Property Details for 817 Merrimac Trl

Year built
1754
Lot size
1.15 AC
Property size (Sq ft)
2,655 SF
Zone code
GENERAL BUSINESS
Property type
Other commercial real estate
APN
F14D-3765-1115
APU
F14D37651115

Description

This exceptional 1.15-acre commercial land parcel presents a remarkable investment opportunity in the thriving "Edge" area of York County, Virginia. Located at 817 Merrimac Trail, Williamsburg, VA 23185 (APN 120001317), this property boasts a highly desirable General Business zoning designation. The lot offers significant visibility and accessibility with 156 feet of frontage and two convenient ingress/egress points. Priced at $850,000 ($652,173.91/acre), this prime retail site is situated adjacent to the bustling James York Plaza, ensuring high traffic volume and excellent exposure. The surrounding area features a diverse mix of established businesses, including major retailers such as Food Lion, Dollar Tree, CVS, Auto Zone, Hardees, Shorty's Diner, Casa Pearl, Holiday Chevrolet Cadillac, Davita, Family Dollar, Sherwin Williams, and the Virginia Beer Company, creating a vibrant and dynamic commercial environment. This location provides immediate access to a substantial customer base and presents an unparalleled opportunity for developers and investors seeking a strategic foothold in a rapidly growing market. Don't miss this chance to acquire a premier retail property in a prime Williamsburg location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $563,829
    Hospitality
    $516,464
    Educational
    $429,692
    Medical
    $444,470
    Retail
    $668,410
817 Merrimac Trl, Williamsburg, Virginia

Location Insight

City
Williamsburg
County
York
State
Virginia
Latitude
37.2676
Longitude
-76.6756
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,482
$523,000
$82,700
$605,700
-
$523,000
$82,700
$605,700

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