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    10514-10516 Wakeman Dr Fredericksburg, VA 22407

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    For Lease
    $14 SF/Yr ($2,030 /Mo)

    Road frontage, signalized intersection, ideal for retail, medical, office.

    Property size:
    1,740 SF
    Lot size:
    1.11 Acres

    Property Features for 10514-10516 Wakeman Dr

    General Information

    Size
    1,740 SF
    Lot size
    1.11 Acres

    Source: Coldwell Banker Commercial Elite Agent Brian Cunningham

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

    Overview

    Retail, Medical, or Office Space

    This property offers 1,740 square feet of space suitable for retail, medical, or office tenants. It features road frontage on Route 208 and benefits from a signalized intersection. The location is near retailers such as Wawa, Walgreens, and CarMax.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -77.5119833
    Latitude
    38.2476089

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    FAQs

    What type of property is this?
    Retail space - Road frontage, signalized intersection, ideal for retail, medical, office.
    Where is this retail space located?
    The property is located at 10514-10516 Wakeman Dr Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Road frontage to Rt 208; - Signalized intersection for easy access; - Ideal for retail, medical, or office users
    (540) 786-1402
    Request Owner's contact information
    10514-10516 Wakeman Dr Fredericksburg, VA 22407
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    Fredericksburg, VA 22407
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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
    10514-10516 Wakeman Dr Fredericksburg, VA 22407
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