Map of Property

Ironbound Offices - 5300 Palmer Lane

For Sale

5300 Palmer Lane, Williamsburg, VA 23188

This Williamsburg property for sale is located at 5300 Palmer Lane. The current listed sale price for Ironbound Offices - 5300 Palmer Lane is $975,000.

Contacts

Michael Divaris

Divaris Real Estate

Property Details

  • Property Type Office - General Office
  • Property Size 4,800 SF
  • Date Updated Oct 6, 2026
5300 Palmer Lane is an approximately 4,800-square-foot, two-story office building offered for sale individually or as part of the Ironbound Village office portfolio. Situated near Ironbound Road and immediately adjacent to the New Town mixed-use development, the property offers an investor a small-building ownership opportunity in an established location in the heart of Williamsburg. The building is fully occupied by the Virginia Department of Health, who recently agreed to extend its lease.
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Highlights

  • Also available as part of a three-building, approximately 15,000 SF portfolio
  • Ample onsite parking
  • Approximately 4,800 SF in a two-story building on its own parcel
  • Convenient access to New Town, Monticello Avenue, and Route 199
  • Offered for $975,000, which reflects a projected Year 1 cap rate of approximately 8.9%
  • Virginia Department of Health has recently agreed to extend its full building lease for 5 years

Attachments

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  • 60/100

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Location

  • City Williamsburg, VA
  • Neighborhood Belen & Carriage Heights, Parker
  • Zip Code 23188
  • Market Richmond Tidewater

Points of Interest

  • Greenlots

    0.55 miles

  • Exxon

    0.68 miles

  • Shell

    0.77 miles

  • BP

    0.84 miles

  • Mobil

    1.14 miles

  • Speedway

    1.34 miles

  • AmeriStop

    1.71 miles

  • Dillard

    0.39 miles

  • Clinton Gardens

    0.56 miles

  • W&M School of Education Parking

    0.67 miles

  • W&M School of Education Parking Lot

    0.69 miles

  • W&M Hall Parking

    1.10 miles

  • Adair Parking Deck

    1.49 miles

  • Prince George Parking Garage

    1.73 miles

  • P2

    1.83 miles

  • P4 (Short Stay)

    1.91 miles

  • Christiana Campbell's Tavern Parking

    2.56 miles

  • City Loft Apts

    0.56 miles

  • Patriots Inn

    0.63 miles

  • Holiday Inn Express & Suites Williamsburg

    0.64 miles

  • Fairfield Inn & Suites Williamsburg

    0.65 miles

  • SpringHill Suites Williamsburg

    0.68 miles

  • America's Best Inn

    0.68 miles

  • Hilton Garden Inn Williamsburg

    0.69 miles

  • Residence Inn Williamsburg

    0.72 miles

  • Westgate Historic Williamsburg Resort

    0.75 miles

  • Embassy Suites by Hilton Williamsburg

    0.79 miles

  • ALDI

    0.59 miles

  • Earth Fare

    0.69 miles

  • Tienda Vasquez - Latin Store & Supply

    0.71 miles

  • Williamsburg General Store

    0.80 miles

  • Marshalls

    0.81 miles

  • Food Lion

    0.84 miles

  • Trader Joe's

    0.96 miles

  • The Fresh Market

    1.03 miles

  • Walmart Neighborhood Market

    1.17 miles

  • Belk

    1.42 miles

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