Two-Story Medical
New
For Sale
Contact for pricing
412 CAMBRIDGE STREET, Fredericksburg, VA 22405
Clinical space includes exam rooms, private offices, a patient waiting area, and additional staff and meeting areas.
Property Size3,800 SF
Price / SF$2.08
Days on Market7
Property Features for 412 CAMBRIDGE STREET
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Commercial
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Property Use
Medical Office
Building Details
Year Built
1935
Listing Agency:
Century 21 Redwood Realty
(540) 659-2161
Listed By:
Lori McAuliffe · License #0225199826
(540) 538-9853
Source:
Cummingsrealtors
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 5:27PM
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 Century 21 Redwood Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,800-square-foot medical office occupies two levels and was built in 1935. The first floor has a patient waiting area with a fireplace, four exam rooms, and two private offices. Upstairs are a break room, a large meeting room, and two more offices. Parking is available for patients and staff.
The property is situated between Mary Washington Hospital and Stafford Hospital in Fredericksburg, Virginia.
The property is situated between Mary Washington Hospital and Stafford Hospital in Fredericksburg, Virginia.
Key Highlights
- 3,800 square feet across two levels
- Four exam rooms and two private offices on the first floor
- Second floor includes a break room, large meeting room, and two offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,879
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,580
$1.0M
Cap Rate 7%
$726,843
$726.8K
Cap Rate 9%
$565,322
$565.3K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$79.3K $20.88/SF
− Vacancy
−$11.5K −$3.03/SF
EGI
$67.8K $17.85/SF
− OpEx
−$17.0K −$4.46/SF
NOI
$50.9K $13.39/SF
Area
Stafford County, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,580
Cap Rate 7%
$726,843
Cap Rate 9%
$565,322
Alternative Uses
Best Use
Healthcare Medical
$851.5K
$745.1K – $993.4K
NOI $59,605 @ 7.0% cap · market cap 752.97%
Second Best
Office B
$726.8K
$636.0K – $848.0K
NOI $50,879 @ 7.0% cap · market cap 642.74%
Theoretical Best
Specialty Retail
$2.11M
$1.85M – $2.46M
NOI $147,744 @ 7.0% cap · market cap 1,866.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Under-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Fredericksburg, VA
Frequently Asked Questions
What type of property is this?
Medical Office Space - Clinical space includes exam rooms, private offices, a patient waiting area, and additional staff and meeting areas.
Where is this medical office space located?
The property is located at 412 CAMBRIDGE STREET Fredericksburg, VA.
What are key features of this property?
This property features: 3,800 square feet across two levels; Four exam rooms and two private offices on the first floor; Second floor includes a break room, large meeting room, and two offices
