7500 Richmond RdWilliamsburg, VA 23188
- Other commercial real estate
- 12,998 SF
Property Details for 7500 Richmond Rd
- Year built
- 2006
- Lot size
- 1.79 AC
- Property size (Sq ft)
- 12,998 SF
- Zone code
- B1 GENERAL BUSINESS
- Property type
- Other commercial real estate
- APN
- 23-2 01-0-0071-E
- APU
- 2320100071E
Description
This 2,950 square foot retail space is ideally situated in the Shops at Norge Crossing in James City County, a rapidly growing area. The unit, currently occupied by a fitness center, boasts excellent visibility on Richmond Road, a major commuter route with over 22,000 vehicles passing daily. Its central location within the shopping center provides high foot traffic and benefits from strong anchor tenants including Tractor Supply and O'Reilly Auto Parts, as well as the soon-to-open corporate offices of a regional bank. The space is versatile and suitable for a variety of retail or office uses, such as a gym, general retail store, gift shop, dry cleaner, shipping store, print shop, or card store. The Shops at Norge Crossing offers a diverse mix of existing businesses, including an Allstate Insurance office, coffee shop, nail salon, restaurant, and Chinese takeout restaurant, creating a synergistic environment for new tenants. The property is classified as Class B and is part of a multi-tenant building. This presents a unique opportunity to establish a business in a thriving commercial center with significant daily traffic and a strong tenant mix. The entire 2,950 square feet is currently vacant and ready for immediate occupancy. This prime location offers exceptional potential for growth and success.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,760,320
- Hospitality
- $2,528,438
- Educational
- $2,103,631
- Medical
- $2,175,978
- Retail
- $3,272,315
Location Insight
- City
- Williamsburg
- County
- James City
- State
- Virginia
- Latitude
- 37.3715
- Longitude
- -76.7737
- 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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