Industrial Warehouse with Outdoor
For Sale
$999,000
1501 Powhatan St, Fredericksburg, VA 22401
For sale at 1501 Powhatan Street with outdoor space supporting industrial storage and operational use.
Property Size9,900 SF
Price / SF$100.91
Days on Market112
Property Features for 1501 Powhatan St
General Information
Standard status
Active
Size
9,900 SF
Building Details
Year Built
1978
Listing Agency:
RE/MAX Supercenter
Listed By:
Joseph S Cleveland · License #225191567
(540) 834-3200
Source:
Kableteam
Added: Jul 6
Changed: Oct 8
Last Checked: Oct 5 at 11:12PM
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 RE/MAX Supercenter
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Investment Insights
Based on property information with market context.
This industrial property at 1501 Powhatan Street offers industrial/commercial versatility with existing improvements suited for warehouse and related operational uses. The site includes outdoor space designed to accommodate equipment, vehicles, and materials, supporting day-to-day logistics and storage needs.
The property is positioned for access to downtown Fredericksburg and major transportation routes, including I-95 and Route 1, which can support contractors, service companies, distribution operations, and similar industrial users.
Overall, the configuration combines indoor industrial utility with an operational outdoor yard, making it a flexible option for businesses looking for a central Fredericksburg industrial location.
The property is positioned for access to downtown Fredericksburg and major transportation routes, including I-95 and Route 1, which can support contractors, service companies, distribution operations, and similar industrial users.
Overall, the configuration combines indoor industrial utility with an operational outdoor yard, making it a flexible option for businesses looking for a central Fredericksburg industrial location.
Key Highlights
- Industrial/commercial property at 1501 Powhatan Street in Fredericksburg, built in 1978
- Outdoor space for equipment, vehicles, materials, and operational needs
- Flexible for a variety of industrial and commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,282
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,405,640
$1.4M
Cap Rate 7%
$1,004,029
$1.0M
Cap Rate 9%
$780,911
$780.9K
Market Conditions
NOI Build-Up for 9,900 SF
Gross rent
$89.1K $9.00/SF
− Vacancy
−$6.4K −$0.65/SF
EGI
$82.7K $8.35/SF
− OpEx
−$12.4K −$1.25/SF
NOI
$70.3K $7.10/SF
Area
Spotsylvania County, VA
Vacancy
7.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,405,640
Cap Rate 7%
$1,004,029
Cap Rate 9%
$780,911
Alternative Uses
Best Use
Warehouse
$1.00M
$878.5K – $1.17M
NOI $70,282 @ 7.0% cap · market cap 7.04%
Second Best
Industrial
$915.0K
$800.7K – $1.07M
NOI $64,053 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$3.10M
$2.72M – $3.62M
NOI $217,227 @ 7.0% cap · market cap 21.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,766
Businesses Nearby
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Business Placement
Demographics for 22401, VA
27,799
Population
12,270
Households
2.3
Avg Household Size
32
Median Age
47%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
2,673
Density / Sq Mi
$85,432
Median Household Income
$46,891
Median Earnings
$1,518
Median Rent
$461,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Fredericksburg, VA
Frequently Asked Questions
What type of property is this?
Manufacturing property - For sale at 1501 Powhatan Street with outdoor space supporting industrial storage and operational use.
Where is this manufacturing property located?
The property is located at 1501 Powhatan St Fredericksburg, VA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Industrial/commercial property at 1501 Powhatan Street in Fredericksburg, built in 1978; Outdoor space for equipment, vehicles, materials, and operational needs; Flexible for a variety of industrial and commercial uses
