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 Market582
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 · License #VA0225051490
(540) 845-6780
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Nov 2
Last Checked: Nov 3 at 9:18AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$49,457
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,140
$989.1K
Cap Rate 7%
$706,529
$706.5K
Cap Rate 9%
$549,522
$549.5K
Market Conditions
NOI Build-Up for 2,669 SF
Gross rent
$72.7K $27.24/SF
− Vacancy
−$6.8K −$2.53/SF
EGI
$65.9K $24.71/SF
− OpEx
−$16.5K −$6.18/SF
NOI
$49.5K $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%
$989,140
Cap Rate 7%
$706,529
Cap Rate 9%
$549,522
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,040
Businesses Nearby
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Business Placement
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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 unit - Office space with convenient access to amenities and transportation.
Where is this office unit 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
