High-Bay Shop with Yard and
41 Wood Landing Road Fredericksburg, VA 22405
For Sale
$2,200,000
Two-door high-bay workshop plus large yard and an under-one-roof apartment supports a wide range of contractor or live-work uses.
Property Size4,500 SF
Lot Size55.67 Acres
Price / SF$488.89
Days on Market96
Property Features for 41 Wood Landing Road
General Information
Standard status
Active
Size
4,500 SF
Lot size
55.67 Acres
Property subtype
Mixed Use
Building Details
Year Built
1983
Listing Agency:
Keller Williams Realty/Lee Beaver & Assoc.
(540) 300-1077
Listed By:
Reina Robinson · License #0225193583
(540) 300-1077
Source:
Xome
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 16 at 6:53AM
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 Keller Williams Realty/Lee Beaver & Assoc.
Investment Insights
Based on property information with market context.
The property centers on a two-door high-bay shop with surrounding yard space designed for vehicle and equipment activity. The high-bay area accommodates up to seven large vehicles and includes a 10,000 lb lift, tool cages, a commercial auto vacuum, and a restroom. Additional shop features include a wood stove and a separate office area with a half bath, along with a 900 lb ice maker. The configuration is complemented by large parking, maintenance, and open storage areas for equipment staging, truck parking, and related operations.
Under the same roof is a 2-bedroom apartment with walk-in closets, an eat-in kitchen, living room, and laundry equipment (washer and dryer). The overall offering is described as a multi-parcel assemblage totaling 55.67 acres across three parcels, with the land including partially wooded areas, a private pond, and creek frontage.
For tenant or buyer scenarios, the live-work setup can support business operations that require a high-bay workspace, vehicle capacity, and outdoor storage, while also providing an on-site guest or living component. The property is being sold with the need to confirm intended use through the County Zoning Office, and the seller has noted that financing options may be available for consideration with acceptable terms. Please refer to the residential listing for additional details on the home features.
Under the same roof is a 2-bedroom apartment with walk-in closets, an eat-in kitchen, living room, and laundry equipment (washer and dryer). The overall offering is described as a multi-parcel assemblage totaling 55.67 acres across three parcels, with the land including partially wooded areas, a private pond, and creek frontage.
For tenant or buyer scenarios, the live-work setup can support business operations that require a high-bay workspace, vehicle capacity, and outdoor storage, while also providing an on-site guest or living component. The property is being sold with the need to confirm intended use through the County Zoning Office, and the seller has noted that financing options may be available for consideration with acceptable terms. Please refer to the residential listing for additional details on the home features.
Key Highlights
- 55.67‑acre property on 3 parcels with zoning A1 and creek frontage; water features include a pond and stream front.
- Two‑door high‑bay shop under one roof sized for up to seven large vehicles with a 10,000 lb lift and tool cages.
- Shop includes a restroom, wood stove, separate office area with half bath, and an ice maker (900 lb).
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 | $122.6k | $27.24 |
| − Vacancy | −$11.4k | −$2.53 |
| EGI | $111.2k | $24.71 |
| − OpEx | −$27.8k | −$6.18 |
| NOI | $83.4k | $18.53 |
4,500 SF · lease $27.24/SF/yr · vacancy 9.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,385 @ 7.0% cap · market cap 3.79%
Second Best
Flex RnD
$718.3K
$628.5K – $838.0K
NOI $50,281 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$1.41M
$1.23M – $1.65M
NOI $98,740 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Two-door high-bay workshop plus large yard and an under-one-roof apartment supports a wide range of contractor or live-work uses.
Where is this flex space located?
The property is located at 41 Wood Landing Road Fredericksburg, VA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 55.67‑acre property on 3 parcels with zoning A1 and creek frontage; water features include a pond and stream front.; Two‑door high‑bay shop under one roof sized for up to seven large vehicles with a 10,000 lb lift and tool cages.; Shop includes a restroom, wood stove, separate office area with half bath, and an ice maker (900 lb).
