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    2003-2051 Plank Rd Fredericksburg, VA 22401

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    For Lease
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    Community shopping center with prominent signage and high traffic.

    Property size:
    2,277 SF
    Lot size:
    8.18 Acres

    Property Features for 2003-2051 Plank Rd

    General Information

    Size
    2,277 SF
    Lot size
    8.18 Acres

    Source: KLNB - Tysons Agent Forrest H. Morrill

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

    Overview

    Retail Space on Plank Road

    This 113,630 square foot community shopping center is located along Plank Road (Route 3). The property is situated less than half a mile from Fredericksburg’s busiest interchange at I-95 and Route 3. It features prominent signage on Plank Road, which sees over 49,000 vehicles per day. The property includes a mix of national, regional, and local tenants. Available spaces range from 2,277 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.492877
    Latitude
    38.297091

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    FAQs

    What type of property is this?
    Strip mall - Community shopping center with prominent signage and high traffic.
    Where is this strip mall located?
    The property is located at 2003-2051 Plank Rd Fredericksburg, VA.
    What are key features of this property?
    This property features: - High-traffic location on Plank Road (Rt. 3) with over 49,000 ADT; - Less than half mile from I-95 and Rt. 3 interchange; - 113,630 SF community shopping center
    (703) 268-2727
    Request Owner's contact information
    2003-2051 Plank Rd Fredericksburg, VA 22401
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    Fredericksburg, VA 22401
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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
    2003-2051 Plank Rd Fredericksburg, VA 22401
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