Stand Alone Office
621 Warrenton Rd Fredericksburg, VA
For Sale
Contact for pricing
Fredericksburg office building with high visibility and private parking.
Property Size3,125 SF
Lot Size0.52 Acres
Price / SF$286.40
Days on Market712
Property Features for 621 Warrenton Rd
General Information
Standard status
Active
Size
3,125 SF
Lot size
0.52 Acres
Property subtype
OFFICE
Listing Agency:
Colliers | Fredericksburg
(540) 373-3434
Listed By:
Lee Cherwek
Source:
Moodyscre
Added: Aug 16, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:02AM
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 Colliers | Fredericksburg
Investment Insights
Based on property information with market context.
This stand-alone office building offers 3,125 square feet of space. The property features high visibility on Route 17/Warrenton Road and includes monument signage. A private, off-street parking lot is available. The building's layout comprises a reception area, a large open area suitable for cubicles, two bathrooms, three private offices, a kitchen area, a conference room, and storage space. It provides convenient access to Interstate 95 via Exit 133.
Key Highlights
- High visibility location on Route 17/Warrenton Road with monument signage.
- Great access to Interstate 95 (Exit 133).
- Stand‑alone 3,125 SF office building.
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 | $85.1k | $27.24 |
| − Vacancy | −$7.9k | −$2.53 |
| EGI | $77.2k | $24.71 |
| − OpEx | −$19.3k | −$6.18 |
| NOI | $57.9k | $18.53 |
3,125 SF · lease $27.24/SF/yr · vacancy 9.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$827.2K
$723.8K – $965.1K
NOI $57,906 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$979.6K
$857.1K – $1.14M
NOI $68,569 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Fredericksburg office building with high visibility and private parking.
Where is this office building located?
The property is located at 621 Warrenton Rd Fredericksburg, VA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: High visibility location on Route 17/Warrenton Road with monument signage.; Great access to Interstate 95 (Exit 133).; Stand‑alone 3,125 SF office building.
