For Sale
Subdividable 5.1 Acres of Pad Ready Commercial Land at the Lightfoot Interchange
1001 Newman Road Williamsburg Virginia 23188
Asking$900,000
For Sale
1001 Newman Road Williamsburg Virginia 23188
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.
*$900,000 for the whole 5.1 AC
ABOUT WILLIAMSBURG, VA
Williamsburg is a thriving hub where history meets opportunity, offering an exceptional environment for businesses to flourish. With its prime location in a high-demand area, this vibrant city attracts a steady stream of tourists, students, and professionals, creating a dynamic and diverse market. Boasting excellent connectivity, a robust local economy, and a supportive business community, Williamsburg provides the perfect foundation for growth. Its blend of historic charm and modern amenities ensures an appealing and productive setting for any enterprise looking to make its mark in this iconic destination.
Ken Campbell is a commercial real estate veteran who brought over twenty-five years of transaction experience to his role as a broker at One South Commercial in 2019. Ken is highly experienced in transactions locally and across North America. His expertise spans the commercial real estate spectrum with most of this work occurring in the office and industrial sectors, and he obtained an MBA with a concentration in real estate and urban land development from VCU.
Ken has represented both tenants and landlords across the country since he transitioned from in-house corporate real estate to brokerage over ten years ago. He has worked with a wide range of clients from individuals to Fortune 500 companies. Ken’s experience and knowledge provide his clients with a tremendous advantage in real estate transactions and make him a trusted and dependable partner.
Tom Rosman has been brokering investment real estate since the early 1990’s in the Richmond, VA, metro area. He has brought hundreds of transactions to a successful conclusion, including large apartment complexes, apartment buildings in historic neighborhoods, office buildings, retail properties, mixed use buildings, and numerous historic adaptive reuse properties.
Tom was one of the first brokers to recognize the transformative changes occurring in many of Richmond’s most architecturally significant but ignored neighborhoods. Having helped place many of the warehouses and other commercial structures in the hands of Richmond’s development community, Tom’s belief in what a property should be was never compromised by the condition it was in.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed