Property Listing No Longer Available for Sale

6895 Richmond Rd, Williamsburg, VA

Land for Sale - $8,242,287 - 21 acres


Property Info

CIMLS#1069468
Location
  6895 Richmond Rd
  Williamsburg VA 23188
UpdatedMarch 8th, 2024
TypeLand
Price$8,242,287
Land21 acres

Property Description

6895 Richmond Road presents 21.97 acres of prime commercial land along Williamsburg’s largest commuter and growth corridor. The property is level, easily developed, and provides direct frontage on Richmond Road, which sees over 21,000 vehicles passing along it each day. Entitlements are already in-place allowing the creative investor to develop the property as multi-family, retail, office, or medical space among other options. The tract of land is perfectly placed as it backs up directly to Colonial Heritage, 1,400 acres of a 55+ age-restricted community, and the 20-acre parcel to the east has been sold in order to develop an assisted care living facility. This growth corridor is home to Sentara Regional Hospital, Walmart, Lowes, Home Depot, Thomas Nelson Community College, and the new Harris Teeter Center in Lightfoot. This plot of land is only a brief six-minute drive to I-64, which is the main thoroughfare that connects Richmond to Norfolk, Virginia Beach, Chesapeake, and Newport News which are all within an hour’s drive. Investors can also look forward to capitalizing on the consumers drawn to the area by Busch Gardens, the region’s largest theme park, which can be found 20 minutes to the south. One mile from Premium Outlets of Williamsburg, and 11 minutes from Colonial Williamsburg and the College of William & Mary.

All Information Deemed Reliable but not Guaranteed


Financials