Commercial Property in High-Traffic
For Sale
$1,450,000
10411 Courthouse Rd., Spotsylvania, VA 22553
Commercial property in Spotsylvania County with strong visibility and access.
Property Size5,562 SF
Days on Market196
Property Features for 10411 Courthouse Rd.
General Information
Standard status
Active
Size
5,562 SF
Class
B
Property subtype
Multi Tenant Office
Building Details
Building Size
5,562 SF
Year Built
1987
Properties For Sale
at 10411 Courthouse Rd. Contact us10411 Courthouse Rd Suite D
Size
990 SF
Lease Type
Gross
10411 Courthouse Rd Suite A
Size
2,658 SF
Lease Type
NNN
Listing Agency:
Coldwell Banker Commercial Elite
Listed By:
Brian Cunningham · License #0225185942
(540) 429-3414
Source:
Thebrokerlist
Added: Apr 8
Changed: Oct 8
Last Checked: Oct 20 at 5:11PM
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 Coldwell Banker Commercial Elite
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Investment Insights
Based on property information with market context.
This commercial property is situated in Spotsylvania County along Courthouse Road (Route 208), a primary commercial corridor. Located near the intersection of Leavells Road, it is directly in front of Breezewood and across from Hilltop Plaza. The property benefits from frontage, visibility, and access within an established business environment. The surrounding area includes national and regional retailers, medical providers, and service-oriented businesses, such as the Giant grocery center, Chipotle, McDonald’s, and 7-Eleven. The location benefits from a residential base and proximity to amenities, contributing to traffic patterns and commercial viability. Its central location allows connectivity to Spotsylvania Courthouse, Fredericksburg, and the Massaponax/I-95 corridor, positioning the asset within a stable commercial district. Fredericksburg Family Chiropractic is secured under a long-term lease. The property is suitable for investors seeking stable income and owner-users looking to establish a presence in a high-demand location. The property is intended for commercial use.
Key Highlights
- Prime location on Courthouse Road (Route 208) in Spotsylvania County.
- Excellent visibility and access.
- Located within an established and highly active business environment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,064
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,061,280
$2.1M
Cap Rate 7%
$1,472,343
$1.5M
Cap Rate 9%
$1,145,156
$1.1M
Market Conditions
NOI Build-Up for 5,562 SF
Gross rent
$151.5K $27.24/SF
− Vacancy
−$14.1K −$2.53/SF
EGI
$137.4K $24.71/SF
− OpEx
−$34.4K −$6.18/SF
NOI
$103.1K $18.53/SF
Area
Spotsylvania County, VA
Vacancy
9.30%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,061,280
Cap Rate 7%
$1,472,343
Cap Rate 9%
$1,145,156
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $103,064 @ 7.0% cap · market cap 7.11%
Second Best
Retail
$1.13M
$989.8K – $1.32M
NOI $79,181 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M
NOI $122,042 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 22553, VA
16,476
Population
5,891
Households
2.8
Avg Household Size
39
Median Age
36%
College-Educated
94%
High-School Grad
43.6 sq mi
ZIP Area
378
Density / Sq Mi
$131,416
Median Household Income
$59,197
Median Earnings
$1,870
Median Rent
$438,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property in Spotsylvania County with strong visibility and access.
Where is this retail space located?
The property is located at 10411 Courthouse Rd. Spotsylvania, VA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location on Courthouse Road (Route 208) in Spotsylvania County.; Excellent visibility and access.; Located within an established and highly active business environment.
