Newly Constructed Flex Industrial
For Sale
Contact for pricing
3406 Shannon Park Dr, Fredericksburg, VA 22408
Newly completed flex industrial suites zoned I-2, with one smaller and one larger unit available separately or contiguously.
Property Size2,000 SF
Price / SF$287.50
Days on Market31
Property Features for 3406 Shannon Park Dr
General Information
Standard status
Active
Size
2,000 SF
Property subtype
INDUSTRIAL
Zoning
I-2
Building Details
Year Built
2026
Buildings
1
Building Size
10,000 SF
Listing Agency:
Coldwell Banker Commercial Elite
(540) 429-3414
Listed By:
Brian Cunningham · License #0225185942
Source:
Moodyscre
Added: Jul 3
Changed: Jul 30
Last Checked: Aug 1 at 2:48PM
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.
Presenting a newly constructed 10,000 SF industrial/flex property completed in 2026, featuring modern, high-quality industrial suites designed for flexible 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. The two available units can also be combined as a contiguous 6,000 SF opportunity.
The property is zoned I-2 and located within Fredericksburg’s growing industrial corridor at 3406 Shannon Park Dr, Fredericksburg, VA 22408. The flexible layout and efficient design support a range of industrial uses, including owner-user and service contractor applications, flex industrial tenants, or investors seeking a newer construction asset.
With modern construction and a limited set of remaining available suites, this offering provides a straightforward path for an end user or tenant to match operational needs to the available configuration—either as a standalone unit or as a larger combined footprint.
The property is zoned I-2 and located within Fredericksburg’s growing industrial corridor at 3406 Shannon Park Dr, Fredericksburg, VA 22408. The flexible layout and efficient design support a range of industrial uses, including owner-user and service contractor applications, flex industrial tenants, or investors seeking a newer construction asset.
With modern construction and a limited set of remaining available suites, this offering provides a straightforward path for an end user or tenant to match operational needs to the available configuration—either as a standalone unit or as a larger combined footprint.
Key Highlights
- Completed in 2026: newly constructed 10,000 SF industrial/flex property
- Zoned I‑2
- Available separately: one 4,000 SF unit
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 | $36.0k | $18.00 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $34.4k | $17.19 |
| − OpEx | −$12.0k | −$6.02 |
| NOI | $22.3k | $11.17 |
2,000 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$319.2K
$279.3K – $372.5K
NOI $22,347 @ 7.0% cap · market cap 3.89%
Second Best
Warehouse
$202.8K
$177.5K – $236.6K
NOI $14,198 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$626.9K
$548.6K – $731.4K
NOI $43,884 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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 - Newly completed flex industrial suites zoned I-2, with one smaller and one larger unit available separately or contiguously.
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 $575,000.
What are key features of this property?
This property features: Completed in 2026: newly constructed 10,000 SF industrial/flex property; Zoned I‑2; Available separately: one 4,000 SF unit
