621 Warrenton Rd, Fredericksburg, VA
Fredericksburg office building with high visibility and private parking.
- Added:
- Aug 16, 2024
- Days on Market:
- 666
- Last Refresh:
- May 20 at 8:17 pm
Property Features for 621 Warrenton Rd
General Information
- Standard status
- Active
- Size
- 3,125 SF
- Lot size
- 0.52 Acres
- Property subtype
- OFFICE
Listing agent Lee Cherwek
Listing office Colliers | Fredericksburg (540) 373-3434
Listing date Aug 16, 2024
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 Colliers | Fredericksburg
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.
- Private off‑street parking lot.
- Includes reception area, large open area, and conference room.
- Features three private offices, kitchen area, and storage.
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 | $85.1k | $27.24 |
| − Vacancy | −$7.9k | −$2.53 |
| EGI | $77.2k | $24.71 |
| − OpEx | −$19.3k | −$6.18 |
| NOI | $57.9k | $18.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.5005
- Latitude
- 38.3463
