High-Bay Flex Space with
For Sale
$2,200,000
41 Wood Landing Rd, Fredericksburg, VA 22405
Work-oriented property combines a high-bay shop, vehicle storage areas, office space, and an attached apartment.
Property Size4,500 SF
Lot Size55.67 Acres
Price / SF$488.89
Days on Market83
Property Features for 41 Wood Landing Rd
General Information
Standard status
Active
Size
4,500 SF
Lot size
55.67 Acres
Additional Details
Outdoor Storage
Yes
Amenities
hot tub
heated salt-water pool
3-hole golf course
private pond
creek frontage
Building Details
Year Built
1983
Year Renovated
2000
Buildings
2
Listing Agency:
Keller Williams Realty/Lee Beaver & Assoc.
Listed By:
Reina Robinson · License #0225193583
(540) 300-1077
Source:
Premierehomegroup
Added: Jul 24
Changed: Oct 4
Last Checked: Oct 7 at 5:43PM
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.
This 4,500-square-foot flex property includes a two-door high-bay shop, adjacent parking and open storage areas, and a separate office with a half bath. The shop accommodates up to seven large vehicles and includes a 10,000 lb lift, tool cages, a commercial auto vacuum, restroom, and wood stove. An attached two-bedroom apartment provides walk-in closets, an eat-in kitchen, living room, washer, and dryer, supporting live-work use or approved supplemental space.
The offering spans three parcels totaling 55.67 acres at 41 Wood Landing Rd in Fredericksburg, Virginia. Outdoor improvements include equipment staging areas, maintenance space, truck parking, a private pond, creek frontage, partially wooded acreage, and a three-hole golf course. Built in 1983 and upgraded in 2000, the property also includes a separate four-bedroom, two-bath bungalow with a pool and hot tub.
The offering spans three parcels totaling 55.67 acres at 41 Wood Landing Rd in Fredericksburg, Virginia. Outdoor improvements include equipment staging areas, maintenance space, truck parking, a private pond, creek frontage, partially wooded acreage, and a three-hole golf course. Built in 1983 and upgraded in 2000, the property also includes a separate four-bedroom, two-bath bungalow with a pool and hot tub.
Key Highlights
- 4,500‑square‑foot flex property on three parcels totaling 55.67 acres
- Two‑door high‑bay shop accommodates up to seven large vehicles
- 10,000 lb lift, tool cages, commercial auto vacuum, restroom, and wood stove
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,533
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,010,660
$3.0M
Cap Rate 7%
$2,150,471
$2.2M
Cap Rate 9%
$1,672,589
$1.7M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$225.2K $50.04/SF
− Vacancy
−$10.1K −$2.25/SF
EGI
$215.0K $47.79/SF
− OpEx
−$64.5K −$14.34/SF
NOI
$150.5K $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%
$3,010,660
Cap Rate 7%
$2,150,471
Cap Rate 9%
$1,672,589
Alternative Uses
Best Use
Retail
$2.15M
$1.88M – $2.51M
NOI $150,533 @ 7.0% cap · market cap 6.84%
Second Best
Mixed Use
$1.12M
$980.9K – $1.31M
NOI $78,469 @ 7.0% cap · market cap 3.57%
Theoretical Best
Specialty Retail
$2.50M
$2.19M – $2.92M
NOI $174,960 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Fredericksburg, VA
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Frequently Asked Questions
What type of property is this?
Flex space - Work-oriented property combines a high-bay shop, vehicle storage areas, office space, and an attached apartment.
Where is this flex space located?
The property is located at 41 Wood Landing Rd 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: 4,500‑square‑foot flex property on three parcels totaling 55.67 acres; Two‑door high‑bay shop accommodates up to seven large vehicles; 10,000 lb lift, tool cages, commercial auto vacuum, restroom, and wood stove
