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4601 Ironbound Rd
Williamsburg, VA 23188
Eastern State Hospital · Land For Sale · 346.25 AC

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INVESTMENT HIGHLIGHTS

  • Sanitary Sewer: Hampton Roads Sanitation District

EXECUTIVE SUMMARY

Colliers International is marketing this ±346.25 acre Eastern State Hospital surplus property on behalf of the Commonwealth of Virginia.
The ±346.25 acre Eastern State Hospital site is a unique opportunity for a developer to acquire a large in fill site in Williamsburg, Virginia. The property is immediately adjacent to New Town, which is a 365 acres, very successful, mixed use project that has been developed over the last 15 years. The Eastern State site is also across the street from the College of William and Mary which was founded in 1693.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 346.25 AC
Zoning PL - Public Land

1 LOT AVAILABLE

Lot

Lot Size 346.25 AC

DESCRIPTION

The Eastern State Hospital site is located in central James City County two to three miles northwest of Colonial Williamsburg and the College of William and Mary and immediately north of New Town. The subject contains 540 acres of which approximately ±346.25 acres of surplus land is for sale.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-1-01-0-0152
Land Assessment
$15,060,962 CAD
Improvements Assessment
$50,549,200 CAD
Total Assessment
$65,610,162 CAD
  • Listing ID: 3873391

  • Date on Market: 2015-02-13

  • Last Updated:

  • Address: 4601 Ironbound Rd, Williamsburg, VA 23188

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