Commercial Building with Apartment,
4611 Ewell Rd, Fredericksburg, VA 22408
Commercial building with apartment, garage, and existing lease.
Property size:
2,406 SFLot size:
0.46 AcresPrice / SF:
$207/SF- Added:
- May 16, 2026
- Days on Market:
- 11
- Last Refresh:
- May 23 at 3:42 am
Property Features for 4611 Ewell Rd
General Information
- Standard status
- Active
- Size
- 2,406 SF
- Lot size
- 0.46 Acres
Listing agent Joseph S Cleveland License #225191567 (540) 834-3200
Listing office RE/MAX Supercenter (540) 834-3200
Listing date May 16, 2026
Source Exprealty
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 RE/MAX Supercenter
HighLights
- Existing lease in place for $7,000/month expiring 12/31/27.
- Commercial C3 zoning on .46 +/- acres in a desirable location near major routes.
- Building includes a 1 BR/1 BA apartment and a 2‑bay garage with 15' doors and above ground lift.
- 2,406 +/- sf. of usable commercial space with upgraded features like wide glass doors, tile flooring, and video surveillance.
- Ample parking available (35‑50 vehicles).
- Public water & sewer.
Overview
This commercial building, zoned C3, is situated on approximately 0.46 acres in Spotsylvania County, Virginia. The building offers 2,406 square feet of usable commercial space, featuring upgraded extra-wide glass double front doors, tile flooring in the main office and showroom area, a half bath, and pull-down attic access. Upgraded exterior drains are located near the front of the building, which also includes a video surveillance system and window-unit heating and AC. Public water and sewer services are connected, along with an electric water heater. The property includes an attached one-bedroom, one-bathroom apartment with a kitchen, as well as an attached two-bay garage with 15-foot doors and an above-ground lift. The mostly paved lot can accommodate 35 to 50 vehicles. An existing lease is in place at $7,000 per month, transferring with the property and expiring on December 31, 2027. The building has a brick and block exterior. The property is located near Route 208 (Courthouse Road), 0.3 miles from Route 1, and 1 mile from I-95, providing convenient access to Northern Virginia and Richmond. The yearly real estate taxes are $2,488.54.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$380.6K
NOI $34,252 @ 9.00% cap · cautious / downside scenario
Moderate
$489.3K
NOI $34,252 @ 7.00% cap · market / base-case scenario
Aggressive
$685.0K
NOI $34,252 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.2k | $20.88 |
| − Vacancy | −$1.3k | −$0.54 |
| EGI | $48.9k | $20.34 |
| − OpEx | −$14.7k | −$6.10 |
| NOI | $34.3k | $14.24 |
2,406 SF · lease $20.88/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$489.3K
$428.2K – $570.9K
NOI $34,252 @ 7.0% cap · market cap 6.85%
Second Best
Industrial
$222.4K
$194.6K – $259.5K
NOI $15,567 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$754.2K
$659.9K – $879.9K
NOI $52,793 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
CarLines Auto Group
Car Dealership
Similar Places Nearby
- Auto Savers Towing & Recovery LLC — 5321 Jefferson Davis Hwy Suite A, Fredericksburg, VA 22408
- Jiffy Lube Multicare — 10435 Patriot Hwy, Fredericksburg, VA 22408
- M&A USED TIRE REPAIR CENTER — 10433 Patriot Hwy, Fredericksburg, VA 22408
- A & A Automotive — 4801 Market St, Fredericksburg, VA 22408
- Dominion Tire Company — 10418 Patriot Hwy, Fredericksburg, VA 22408
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.5020389
- Latitude
- 38.2537914
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Commercial building with apartment, garage, and existing lease.
Where is this auto shop located?
The property is located at 4611 Ewell Rd Fredericksburg, VA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Existing lease in place for $7,000/month expiring 12/31/27.; Commercial C3 zoning on .46 +/- acres in a desirable location near major routes.; Building includes a 1 BR/1 BA apartment and a 2‑bay garage with 15' doors and above ground lift.
