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    201-207 Kings Hwy Fredericksburg, VA 22405

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    For Lease
    $18 SF/Yr ($1,890 /Mo)

    Neighborhood shopping center with ample parking near downtown Fredericksburg.

    Property size:
    1,260 SF
    Lot size:
    6.93 Acres

    Property Features for 201-207 Kings Hwy

    General Information

    Size
    1,260 SF
    Lot size
    6.93 Acres

    Source: Cushman & Wakefield | Thalhimer - Corporate Agent Jim Ashby

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Shopping Center

    This property offers 1,260 square feet of retail space within a 61,774 square foot neighborhood shopping center. The center is located at the intersection of Kings Highway (State Route 3) and Ferry Road (Route 606), providing high visibility and accessibility. The location benefits from approximately 200 parking spaces. A population of around 50,000 resides within a 3-mile radius, with an average household income exceeding $100,000. The shopping center is situated just minutes from downtown Fredericksburg.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -77.4460728
    Latitude
    38.2984395

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    FAQs

    What type of property is this?
    Strip mall - Neighborhood shopping center with ample parking near downtown Fredericksburg.
    Where is this strip mall located?
    The property is located at 201-207 Kings Hwy Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High average household income ($100,000+) within a 3-mile radius.; - Significant population density (50,000) within a 3-mile radius.; - Substantial size: **61,774 SF neighborhood shopping center.**
    (804) 539-1431
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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
    201-207 Kings Hwy Fredericksburg, VA 22405
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