New Industrial/Flex
For Sale
Contact for pricing
3406 Shannon Park Dr, Fredericksburg, VA 22408
New 2026 industrial/flex property offering a 4,000 SF and 2,000 SF unit, with I-2 zoning.
Property Size4,000 SF
Price / SF$252.50
Days on Market31
Property Features for 3406 Shannon Park Dr
General Information
Standard status
Active
Size
4,000 SF
Property subtype
INDUSTRIAL
Zoning
I-2
Additional Details
Business Included
No
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Elite
(540) 429-3414
Listed By:
Brian Cunningham · License #0225185942
Source:
Moodyscre
Added: Jul 3
Changed: Jul 28
Last Checked: Aug 1 at 12:30PM
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 Coldwell Banker Commercial Elite
Investment Insights
Based on property information with market context.
Newly constructed in 2026, this industrial/flex property features modern, high-quality industrial suites designed for flexibility and functional use. Two units have already been sold or leased, leaving one 4,000 SF unit and one 2,000 SF unit currently available for sale or lease, or together as a contiguous 6,000 SF opportunity.
The property is zoned I-2 and positioned within Fredericksburg’s growing industrial corridor, supporting a range of industrial and flex-oriented uses consistent with the zoning designation.
The property is zoned I-2 and positioned within Fredericksburg’s growing industrial corridor, supporting a range of industrial and flex-oriented uses consistent with the zoning designation.
Key Highlights
- Newly constructed 10,000 SF industrial/flex property completed in 2026
- Available units: one 4,000 SF unit and one 2,000 SF unit, or together as a contiguous 6,000 SF opportunity
- I‑2 zoning
Financial Insights For Flex RnD
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 | $72.0k | $18.00 |
| − Vacancy | −$3.2k | −$0.81 |
| EGI | $68.8k | $17.19 |
| − OpEx | −$24.1k | −$6.02 |
| NOI | $44.7k | $11.17 |
4,000 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$638.5K
$558.7K – $744.9K
NOI $44,694 @ 7.0% cap · market cap 4.43%
Second Best
Warehouse
$405.7K
$355.0K – $473.3K
NOI $28,397 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,769 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 22408, VA
32,043
Population
12,438
Households
2.6
Avg Household Size
36
Median Age
40%
College-Educated
92%
High-School Grad
47.3 sq mi
ZIP Area
677
Density / Sq Mi
$114,598
Median Household Income
$54,934
Median Earnings
$1,771
Median Rent
$353,500
Median Home Value
Market
Vacancy Rate% for Industrial in Fredericksburg, VA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - New 2026 industrial/flex property offering a 4,000 SF and 2,000 SF unit, with I-2 zoning.
Where is this flex space located?
The property is located at 3406 Shannon Park Dr Fredericksburg, VA.
What is the asking price?
The asking price for this property is $1,010,000.
What are key features of this property?
This property features: Newly constructed 10,000 SF industrial/flex property completed in 2026; Available units: one 4,000 SF unit and one 2,000 SF unit, or together as a contiguous 6,000 SF opportunity; I‑2 zoning
