4601 Ironbound Rd | Williamsburg, VA 23188
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4601 Ironbound Rd
Williamsburg, VA 23188
Eastern State Hospital · Land For Sale · 346.25 AC
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.
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 | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Mixed Use |
| Property Type | Land | Total Lot Size | 346.25 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 346.25 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 346.25 AC |
| 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
| Parcel Numbers | Improvements Assessment | $35,997,700 | |
| Land Assessment | $11,782,300 | Total Assessment | $47,780,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$11,782,300
Improvements Assessment
$35,997,700
Total Assessment
$47,780,000
ZONING
| Zoning Code | PL (Public Land) |
| PL (Public Land) |
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