Retail Suite with Pylon
New
For Sale
Contact for pricing
404 KINGS HIGHWAY SUITE B, Fredericksburg, VA 22405
B-2 Urban Commercial zoning lists retail, restaurant, medical, office, and personal-service uses.
Property Size4,148 SF
Price / SF$0.57
Days on Market4
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Property Features for 404 KINGS HIGHWAY SUITE B
General Information
Standard status
Active
Size
4,148 SF
Property subtype
Commercial
Zoning
B-2 Urban Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1975
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(540) 371-7653
Listed By:
Ashley Nicole Brooks · License #0225195581
(540) 604-3314
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:20AM
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 Berkshire Hathaway HomeServices PenFed Realty
Investment Insights
Based on property information with market context.
Suite B offers approximately 1,086 SF of retail space with a customer-facing storefront and a pylon sign position. The space was previously occupied by a dispensary. Its B-2 Urban Commercial zoning identifies retail, restaurant, medical, office, and personal-service uses; tenants should confirm their intended use and any approval requirements with Stafford County.
The property is on Kings Highway, also identified as Route 3, near Ferry Farm Walmart. I-95 Exit 130A and downtown Fredericksburg are described as a short drive away, with access from Stafford and Fredericksburg.
The property is on Kings Highway, also identified as Route 3, near Ferry Farm Walmart. I-95 Exit 130A and downtown Fredericksburg are described as a short drive away, with access from Stafford and Fredericksburg.
Key Highlights
- Approximately 1,086 SF of retail space
- Pylon sign position facing Route 3
- B‑2 Urban Commercial zoning lists retail, restaurant, medical, office, and personal‑service uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,758
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,775,160
$2.8M
Cap Rate 7%
$1,982,257
$2.0M
Cap Rate 9%
$1,541,756
$1.5M
Market Conditions
NOI Build-Up for 4,148 SF
Gross rent
$207.6K $50.04/SF
− Vacancy
−$9.3K −$2.25/SF
EGI
$198.2K $47.79/SF
− OpEx
−$59.5K −$14.34/SF
NOI
$138.8K $33.45/SF
Area
Stafford County, VA
Vacancy
4.50%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,775,160
Cap Rate 7%
$1,982,257
Cap Rate 9%
$1,541,756
Alternative Uses
Best Use
Retail
$1.98M
$1.73M – $2.31M
NOI $138,758 @ 7.0% cap · market cap 5,904.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.30M
$2.02M – $2.69M
NOI $161,274 @ 7.0% cap · market cap 6,862.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 62%
Shops & Services 26%
Dining 10%
Beauty & Spa 1%
Walmart
Superstores
76,644 visits/mo
0.3 miles
Murphy USA
Shops & Services
19,728 visits/mo
0.2 miles
Burger King
Dining
12,358 visits/mo
0.1 miles
Dollar Tree
Shops & Services
11,563 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
1,654 visits/mo
0.3 miles
Demographics for 22405, VA
34,430
Population
13,058
Households
2.6
Avg Household Size
38
Median Age
44%
College-Educated
95%
High-School Grad
53.3 sq mi
ZIP Area
646
Density / Sq Mi
$128,315
Median Household Income
$62,794
Median Earnings
$1,931
Median Rent
$413,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - B-2 Urban Commercial zoning lists retail, restaurant, medical, office, and personal-service uses.
Where is this retail space located?
The property is located at 404 KINGS HIGHWAY SUITE B Fredericksburg, VA.
What are key features of this property?
This property features: Approximately 1,086 SF of retail space; Pylon sign position facing Route 3; B‑2 Urban Commercial zoning lists retail, restaurant, medical, office, and personal‑service uses
