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    5030 Plank Rd Fredericksburg, VA 22407

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    For Lease
    $18 SF/Yr ($2,250 /Mo)

    Retail space available in a nearly full shopping center.

    Property size:
    1,500 SF
    Lot size:
    2.13 Acres

    Property Features for 5030 Plank Rd

    General Information

    Size
    1,500 SF
    Lot size
    2.13 Acres

    Source: Cushman & Wakefield | Thalhimer - Fredericksburg Agent Virgil Nelson

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

    Overview

    Retail Space on Route 3

    This retail space is located in a nearly full shopping center on Route 3. The center is anchored by Fas Mart and features ample parking and street signage. The location is surrounded by both residential neighborhoods and other retail establishments. The available space is 1500 square feet.
    Location Intelligence

    Current Use by Public Records

    Taste of China Chinese Restaurant

    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.

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.5500238
    Latitude
    38.2893003

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a nearly full shopping center.
    Where is this shopping center located?
    The property is located at 5030 Plank Rd Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location on Route 3; - Fas Mart anchored; - Ample parking available
    (540) 846-1390
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    5030 Plank Rd 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
    5030 Plank Rd Fredericksburg, VA 22407
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