Freestanding Office
For Sale
$1,690,000
3916 Plank Rd, Fredericksburg, VA 22407
For sale office building totaling 5,280 square feet in Spotsylvania County, VA.
Property Size5,280 SF
Price / SF$320.08
Days on Market103
Property Features for 3916 Plank Rd
General Information
Standard status
Active
Size
5,280 SF
Total Parking Spaces
16
Zoning
C2
Taxes and HOA fees
Annual Taxes
$9,155
Amenities
Central Air
Natural Gas
Building Details
Building Size
5,280 SF
Year Built
1990
Listing Agency:
Samson Properties
Listed By:
Denise Rodriguez · License #0225181739
(571) 788-1980
Source:
Evrealestate
Added: Jul 9
Changed: Oct 5
Last Checked: Oct 19 at 5:51AM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This for-sale office building offers a total of 5,280 square feet of space. The property is suited for office-oriented uses, with accommodations presented as a dedicated building rather than a shared suite.
Located at 3916 Plank Rd in Spotsylvania County, the directions are provided from I-95 via Exit 130B for VA-3 West/Plank Rd. The building is located on the left after taking the exit.
Presented as an office building offering a defined footprint and standalone identity, this asset is positioned for buyers looking for a single property rather than tenancy within a larger complex.
Located at 3916 Plank Rd in Spotsylvania County, the directions are provided from I-95 via Exit 130B for VA-3 West/Plank Rd. The building is located on the left after taking the exit.
Presented as an office building offering a defined footprint and standalone identity, this asset is positioned for buyers looking for a single property rather than tenancy within a larger complex.
Key Highlights
- 5,280 SF office building for sale in Spotsylvania County, VA
- Year built: 1990
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,838
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,956,760
$2.0M
Cap Rate 7%
$1,397,686
$1.4M
Cap Rate 9%
$1,087,089
$1.1M
Market Conditions
NOI Build-Up for 5,280 SF
Gross rent
$143.8K $27.24/SF
− Vacancy
−$13.4K −$2.53/SF
EGI
$130.5K $24.71/SF
− OpEx
−$32.6K −$6.18/SF
NOI
$97.8K $18.53/SF
Area
Spotsylvania County, VA
Vacancy
9.30%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,956,760
Cap Rate 7%
$1,397,686
Cap Rate 9%
$1,087,089
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,838 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,855 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 22407, VA
62,668
Population
23,305
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
1,027
Density / Sq Mi
$105,218
Median Household Income
$47,282
Median Earnings
$1,758
Median Rent
$376,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fredericksburg, VA
Frequently Asked Questions
What type of property is this?
Office building - For sale office building totaling 5,280 square feet in Spotsylvania County, VA.
Where is this office building located?
The property is located at 3916 Plank Rd Fredericksburg, VA.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 5,280 SF office building for sale in Spotsylvania County, VA; Year built: 1990; Central air conditioning
