406 Amelia St, Fredericksburg, VA
Office space with convenient access to amenities and transportation.
- Added:
- Apr 1, 2025
- Days on Market:
- 440
- Last Refresh:
- May 20 at 8:23 pm
Property Features for 406 Amelia St
General Information
- Standard status
- Active
- Size
- 2,669 SF
- Lot size
- 0.08 Acres
- Property subtype
- OFFICE
Listing agent Steve Schattgen (540) 845-6780
Listing office Vakos Real Estate Services (540) 898-3242
Listing date Apr 1, 2025
Source Moodyscre
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 Vakos Real Estate Services
HighLights
- Walkability to William and Caroline Street Restaurants
- Nine (9) Offices plus Conference Room and Break Room
- Off Street Parking Included
- Convenient to City Offices
- Convenient to Courthouses
- Convenient to Train Station
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.7k | $27.24 |
| − Vacancy | −$6.8k | −$2.53 |
| EGI | $65.9k | $24.71 |
| − OpEx | −$16.5k | −$6.18 |
| NOI | $49.5k | $18.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.4628
- Latitude
- 38.3035
