Freestanding Office
3916 Plank Rd Fredericksburg, VA 22407
3916 Plank Rd, Fredericksburg, VA, 22407
$1,690,000
For Sale
$1,690,000
For sale office building totaling 5,280 square feet in Spotsylvania County, VA.
Property Size5,280 SF
Price / SF$320.08
Days on Market13
Property Features for 3916 Plank Rd
General Information
- Standard status
- Active
- Size
- 5,280 SF
Building Details
- Year Built
- 1990
Listing Agency
Samson Properties
(571) 788-1980
Listed by
Denise Rodriguez · License #0225181739
(571) 788-1980
Source
Evrealestate
Added: Jul 9 Updated: Jul 20 at 1:52 am Checked: Jul 20 at 1:52 am
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
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
Local Financial Insights For Office B
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 | $143.8k | $27.24 |
| − Vacancy | −$13.4k | −$2.53 |
| EGI | $130.5k | $24.71 |
| − OpEx | −$32.6k | −$6.18 |
| NOI | $97.8k | $18.53 |
5,280 SF · lease $27.24/SF/yr · vacancy 9.30% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lane Custom Hearing
Hearing Aid Repair Service
Accent Eyes Center
Eye Care Center
Testa Christopher OD
Physician
Similar For Sale Nearby
FAQs
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