18 Williamsburg RdSandston, VA 23150

Property Details for 18 Williamsburg Rd

Year built

1970

Lot size

0.23 AC

Property size (Sq ft)

1,705 SF

Zone code

B-1

Property type

Turn key restaurants

APN

827-716-3416

APU

8277163416

Description

This exceptional investment opportunity encompasses a fully leased office complex situated at 18-36 W. Williamsburg Rd, Sandston, VA 23150. The property comprises three parcels totaling 1.09 acres and features a combined 13,984 square feet of space. The main building at 18 W. Williamsburg Rd offers 3,504 square feet of office space on a 0.12-acre lot zoned B-1. A second building, located at 20-30 W. Williamsburg Rd, spans 10,480 square feet, including 7,000 square feet of office/retail space and a 3,480 square foot warehouse with two drive-in doors. This building sits on a 0.66-acre lot zoned B-3c. Finally, a 0.31-acre lot zoned B-1 is also included at 36 W. Williamsburg Rd. The entire complex benefits from a highly desirable location, within 1.5 miles of I-64 and Richmond International Airport. This fully leased property offers a compelling investment opportunity with a projected cap rate of 7.25% - 7.50%. The property's zoning (B-1 & B-3) allows for a variety of uses, ensuring long-term value and potential for future growth. Detailed financial information is available upon request.

Location Insight

City

Sandston

County

Henrico

State

Virginia

Latitude

37.523

Longitude

-77.3123

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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