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1001 Newman Rd 5.1 Acres of Commercial Land Offered at $1,245,051 CAD in Williamsburg, VA 23188
INVESTMENT HIGHLIGHTS
- Public utilities available
- 2 miles from Sentara Regional Medical Center
- Graded site with retention pond
EXECUTIVE SUMMARY
Subdividable 5.1 Acres of Pad Ready Commercial Land at the Lightfoot Interchange.
Located at the northeast quadrant of the I-64 Lightfoot interchange, 1001 Newman Road is uniquely located at the front door to Williamsburg. The pad ready 5.1-acre site, which can be subdivided into smaller lots, is surrounded by high end residential and just 2 miles from Sentara Regional and the Rt. 60 commercial corridor.
The LB zoning makes it ideally suited for neighborhood office/service uses including child care, urgent care, banks, funeral home and neighborhood retail. Senior housing could also be allowed by special use permit.
-0.91 AC ("Lot 1") = $350,000
-1.11 AC ("Lot 2") = $350,000
-2.99 AC ("Lot 3") = $300,000
*Or $900,000 for the whole 5.1 AC
Located at the northeast quadrant of the I-64 Lightfoot interchange, 1001 Newman Road is uniquely located at the front door to Williamsburg. The pad ready 5.1-acre site, which can be subdivided into smaller lots, is surrounded by high end residential and just 2 miles from Sentara Regional and the Rt. 60 commercial corridor.
The LB zoning makes it ideally suited for neighborhood office/service uses including child care, urgent care, banks, funeral home and neighborhood retail. Senior housing could also be allowed by special use permit.
-0.91 AC ("Lot 1") = $350,000
-1.11 AC ("Lot 2") = $350,000
-2.99 AC ("Lot 3") = $300,000
*Or $900,000 for the whole 5.1 AC
PROPERTY FACTS
| Price | $1,245,051 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.10 AC |
| Property Type | Land | ||
| Zoning | Limited Business | ||
| Price | $1,245,051 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.10 AC |
| Zoning | Limited Business |
1 LOT AVAILABLE
Lot
| Price | $1,245,051 CAD | Lot Size | 5.10 AC |
| Price Per AC | $244,127.64 CAD |
| Price | $1,245,051 CAD |
| Price Per AC | $244,127.64 CAD |
| Lot Size | 5.10 AC |
1 1
PROPERTY TAXES
| Parcel Number | C20B-3184-2547 | Improvements Assessment | $0 CAD |
| Land Assessment | $568,911 CAD | Total Assessment | $568,911 CAD |
PROPERTY TAXES
Parcel Number
C20B-3184-2547
Land Assessment
$568,911 CAD
Improvements Assessment
$0 CAD
Total Assessment
$568,911 CAD
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1001 Newman Rd
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