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    7001 Harrison Rd, Unit 3 Fredericksburg, VA 22407

    For Sale
    $575,000

    Commercial Sale - FREDERICKSBURG, VA

    Type:Retail
    Days on Market:
    317
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 7001 Harrison Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    60

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    2007
    Number of units
    6
    Building materials
    Masonry, Dryvit

    Janet M Bahmer (540) 785-6295 [email protected]

    Listing agent Janet M Bahmer (540) 785-6295 License #0225110975

    Listing date Jan 23, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Condo in High-Traffic Area

    A 1400 sq ft condo is available for purchase in Harrison Crossing South. Situated in a multi-tenant building on a corner lot, the property features frontage on Harrison Road and Old Plank Road. The location benefits from high traffic counts due to its proximity to major retailers, including Giant Foods, Lidl, Home Depot, Walgreens, McDonalds, PetCo, Taco Bell, and Harry's Ale House, all within walking distance. The surrounding area includes Riverbend High School, Chancellor HS, and Harrison Rd Elementary, contributing to increased activity and exposure. Traffic volume is estimated at 39,000 vehicles per day on Route 3, 15,000 vehicles per day on Harrison Road, and 11,000 vehicles per day on Old Plank Road (2022 VDOT estimates). The site is located within a 5-mile radius of 85,600 residents with an average household income of $84,700. The C-3 zoning allows for various retail, office, or medical uses. The building's co-tenants include Creative Child Care (capacity for 225 children), Creative Music Academy, and State Farm Insurance. The total building size is 14,000 sq ft. This property is suitable for either an owner-occupier or an investor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Creative Child Care ... Day Care Center Creative Art Studio Event Venue Creative Music Academy Music School MyArtScene.com Artist kandra orr Art Gallery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.56513417
    Latitude
    38.28795566

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    FAQs

    What type of property is this?
    Retail property - 1400 sq ft condo in a high-traffic retail area.
    Where is this retail property located?
    The property is located at 7001 Harrison Rd, Unit 3 Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - High-traffic location with **excellent visibility on a corner lot** with frontage on Harrison Road and Old Plank Road.; - C-3 zoning allows for a wide range of retail, office, or medical uses.; - Located in a high-profile area with major retailers (Giant Foods, Lidl, Home Depot, Walgreens, McDonalds, PetCo, Taco Bell) within walking distance.
    (540) 785-6295
    Request Owner's contact information
    7001 Harrison Rd, Unit 3 Fredericksburg, VA 22407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7001 Harrison Rd, Unit 3 Fredericksburg, VA 22407
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