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    4300 Plank Rd Fredericksburg, VA 22407

    Sponsored
    For Sale
    $7,400,000

    High-traffic retail investment, 100% leased.

    Property size:
    20,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a 20,000 square foot retail building situated on a 2.01-acre lot at 4300 Plank Road in Fredericksburg, Virginia. The property enjoys a prime location on one of the busiest retail corridors in the Fredericksburg region, less than two miles west of I-95. Boasting over 70,000 vehicles passing daily, this 100% leased, NNN property offers exceptional visibility and accessibility. The building features abundant parking with 110 spaces, providing a generous 5.5:1 parking ratio. Its strategic location benefits from proximity to key economic drivers, including a 702-space commuter lot, the Chancellor Center (anchored by Planet Fitness, Aldi, and Tractor Supply), and densely populated residential areas with over 50,000 residents within a three-mile radius and 100,000 within five miles. This high-demand location ensures consistent tenant occupancy and strong rental income. The property's size, location, and current occupancy make it an attractive investment for discerning buyers seeking a stable and profitable retail asset in a thriving market. Further details are available in the offering memorandum.

    Property Features for 4300 Plank Rd

    General Information

    Property type
    Retail properties
    Square Feet
    20,000 SF
    Lot Size
    87,556 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Hair Mosaics Salon ... Beauty Salon US Air Force ... Military Recruiting Office US Marine Corps ... Military Recruiting Office Radiant Wellness Massage Massage Spa Comments on Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.53649
    Latitude
    38.28814

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail investment, 100% leased.
    Where is this retail property located?
    The property is located at 4300 Plank Rd Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $7,400,000.
    (540) 735-2600
    Request Owner's contact information
    4300 Plank Rd Fredericksburg, VA 22407
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    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
    4300 Plank Rd Fredericksburg, VA 22407
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