4501 News Rd | Williamsburg, VA 23188
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4501 News Rd
Williamsburg, VA 23188
Former Rite Aid · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Very Affluent Community | Average Household Income Exceeds $122k in 1-Mile Radius, $110k in 3-Mile Radius, and $109k in 5-Mile Radius
- Strong Combined Average Traffic Counts of 44,889 VPD (News Rd & Monticello Ave)
- Great Retail Synergy | Across the Street from Target, Publix, and T.J. Maxx Anchored Power Center Encompassing Over 313,600 SF
- Dense Population | Over 72,100 Residents in 5-Mile Radius
- Huge 2.64 Acre Lot with Double Drive Thru Surrounded by Every Major Retailer
- Ample Parking | Over 70 Spaces
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,813 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.64 AC
Zoning
R4
Parking
72 Spaces (5.21 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 38-3-01-0-0031B | Improvements Assessment | $2,813,700 |
| Land Assessment | $2,000,000 | Total Assessment | $4,813,700 |
PROPERTY TAXES
Parcel Number
38-3-01-0-0031B
Land Assessment
$2,000,000
Improvements Assessment
$2,813,700
Total Assessment
$4,813,700
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