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    471 Chatham Heights Rd Fredericksburg, VA 22405

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    For Sale
    $800,000

    Retail or office space with detached garage in Fredericksburg.

    Property size:
    5,090 SF
    Lot size:
    1.39 Acres

    Property Features for 471 Chatham Heights Rd

    General Information

    Size
    5,090 SF
    Lot size
    1.39 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/Office Space with Garage

    This property features 3,590 square feet of office or retail space, complemented by approximately 1,500 square feet of detached garage space. The property benefits from an excellent location at a busy, signalized intersection, situated across from a Wawa and a CVS. Additionally, the property is directly adjacent to 0.68 acres that are also for sale.
    Location Intelligence

    Current Use by Public Records

    628 Studios Hair Salon Hollywood Hair Studios Hair Salon

    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
    -77.4521791
    Latitude
    38.3156501

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    FAQs

    What type of property is this?
    Retail space - Retail or office space with detached garage in Fredericksburg.
    Where is this retail space located?
    The property is located at 471 Chatham Heights Rd Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Excellent location at busy, signalized intersection across from Wawa and CVS.; - **3,590 SF of office or retail space.**; - Approximately 1,500 SF of detached garage space.
    (540) 846-1390
    Request Owner's contact information
    471 Chatham Heights Rd Fredericksburg, VA 22405
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    Fredericksburg, VA 22405
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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
    471 Chatham Heights Rd Fredericksburg, VA 22405
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