Fredericksburg Office Space For
For Sale
Contact for pricing
406 Amelia St, Fredericksburg, VA
Office space with convenient access to amenities and transportation.
Property Size2,669 SF
Lot Size0.08 Acres
Price / SF$307.04
Days on Market488
Property Features for 406 Amelia St
General Information
Standard status
Active
Size
2,669 SF
Lot size
0.08 Acres
Property subtype
OFFICE
Listing Agency:
Vakos Real Estate Services
(540) 898-3242
Listed By:
Steve Schattgen
(540) 845-6780
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:08AM
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 Vakos Real Estate Services
Investment Insights
Based on property information with market context.
This 2,669 square foot office space is located in Fredericksburg, Virginia. The property contains nine offices, a conference room, and a break room. It offers convenient access to city offices, courthouses, and the train station. The location provides walkability to restaurants on William and Caroline Street. Off-street parking is included.
Key Highlights
- Walkability to William and Caroline Street Restaurants
- Nine (9) Offices plus Conference Room and Break Room
- Off Street Parking Included
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 | $72.7k | $27.24 |
| − Vacancy | −$6.8k | −$2.53 |
| EGI | $65.9k | $24.71 |
| − OpEx | −$16.5k | −$6.18 |
| NOI | $49.5k | $18.53 |
2,669 SF · lease $27.24/SF/yr · vacancy 9.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$706.5K
$618.2K – $824.3K
NOI $49,457 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$836.6K
$732.1K – $976.1K
NOI $58,564 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,032
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Fredericksburg, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space with convenient access to amenities and transportation.
Where is this office units located?
The property is located at 406 Amelia St Fredericksburg, VA.
What is the asking price?
The asking price for this property is $819,500.
What are key features of this property?
This property features: Walkability to William and Caroline Street Restaurants; Nine (9) Offices plus Conference Room and Break Room; Off Street Parking Included
