Fredericksburg Office and Retail
1000 Oakwood St Fredericksburg, VA 22401
For Sale
Contact for pricing
Office and retail space available for sale in Fredericksburg.
Property Size1,976 SF
Price / SF$379.55
Days on Market672
Property Features for 1000 Oakwood St
General Information
Standard status
Active
Size
1,976 SF
Property subtype
Office, Retail
Listing Agency:
Johnson Realty Advisors
(540) 548-2220
Listed By:
Heather Hagerman · License #VA
Source:
Crexi
Added: Sep 25, 2024
Changed: Jul 6
Last Checked: Jul 27 at 6:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnson Realty Advisors
Investment Insights
Based on property information with market context.
This commercial real estate property in Fredericksburg, Virginia, offers 1,976 square feet of space suitable for office or retail use.
Key Highlights
- Office Property
- 1,976 SqFt of space
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.8k | $27.24 |
| − Vacancy | −$5.0k | −$2.53 |
| EGI | $48.8k | $24.71 |
| − OpEx | −$12.2k | −$6.18 |
| NOI | $36.6k | $18.53 |
1,976 SF · lease $27.24/SF/yr · vacancy 9.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$523.1K
$457.7K – $610.3K
NOI $36,615 @ 7.0% cap · market cap 4.88%
Second Best
Retail
$401.9K
$351.6K – $468.8K
NOI $28,130 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$619.4K
$542.0K – $722.6K
NOI $43,358 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- We Fix It Phone Repair — 1918 William St, Fredericksburg, VA 22401
- Office Depot Tech Services — 1591 Carl D Silver Pkwy, Fredericksburg, VA 22401
- CPR Cell Phone Repair Fredericksburg — 3142 Cowan Blvd, Fredericksburg, VA 22401
- uBreakiFix - Phone and Computer Repair — 1909 Plank Rd, Fredericksburg, VA 22401
Frequently Asked Questions
What type of property is this?
Office space - Office and retail space available for sale in Fredericksburg.
Where is this office space located?
The property is located at 1000 Oakwood St Fredericksburg, VA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Office Property; 1,976 SqFt of space