Freestanding Medical Office
4830 Southpoint Dr, Fredericksburg, VA 22407
For Sale
$6,000,000
Existing exam rooms, behavioral health space, and laboratory infrastructure support continued medical or office use.
Property Size23,306 SF
Price / SF$260.87
Days on Market94
Property Features for 4830 Southpoint Dr
General Information
Standard status
Size
Class
Property subtype
Additional Details
Highway Access
Building Details
Building Size
Year Renovated
Buildings
Units
Listing Agency:
Vakos Real Estate Services
Listed By:
Jonathan Gardner · License VA #0225204198
(540) 898-3242
Source:
Commercialcafe
Added: Aug 9
Changed: Oct 26
Last Checked: Nov 8 at 2:49AM
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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Investment Insights
Based on property information with market context.
This freestanding medical office property in the Southpoint submarket includes an existing medical build-out with exam rooms, behavioral health space, and laboratory infrastructure. The configuration supports medical or general office occupancy without relying on unverified assumptions about future use. The property is zoned Commercial (C-3).
The building is located at 4830 Southpoint Dr in Fredericksburg, Virginia, less than 1/2 mile from I-95 via Exit 126. It previously operated as the Massaponax VA Clinic, a Community Based Outpatient Clinic associated with the Richmond VA Medical Center, from 2021 until services were consolidated into a nearby facility.
The building is located at 4830 Southpoint Dr in Fredericksburg, Virginia, less than 1/2 mile from I-95 via Exit 126. It previously operated as the Massaponax VA Clinic, a Community Based Outpatient Clinic associated with the Richmond VA Medical Center, from 2021 until services were consolidated into a nearby facility.
Key Highlights
- Existing medical build‑out with exam rooms, behavioral health space, and laboratory infrastructure
- Less than 1/2 mile from I‑95 via Exit 126
- Zoned Commercial (C‑3)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$453,602
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,072,040
$9.1M
Cap Rate 7%
$6,480,029
$6.5M
Cap Rate 9%
$5,040,022
$5.0M
Market Conditions
NOI Build-Up for 23,000 SF
Gross rent
$833.5K $36.24/SF
− Vacancy
−$77.5K −$3.37/SF
EGI
$756.0K $32.87/SF
− OpEx
−$302.4K −$13.15/SF
NOI
$453.6K $19.72/SF
Area
Spotsylvania County, VA
Vacancy
9.30%
Lease Rate
$36.24 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,072,040
Cap Rate 7%
$6,480,029
Cap Rate 9%
$5,040,022
Alternative Uses
Best Use
Healthcare Medical
$6.48M
$5.67M – $7.56M
NOI $453,602 @ 7.0% cap · market cap 7.56%
Second Best
Office B
$6.09M
$5.33M – $7.10M
NOI $426,190 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$7.21M
$6.31M – $8.41M
NOI $504,669 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22407, VA
62,668
Population
23,305
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
1,027
Density / Sq Mi
$105,218
Median Household Income
$47,282
Median Earnings
$1,758
Median Rent
$376,200
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?
Medical Office Space - Existing exam rooms, behavioral health space, and laboratory infrastructure support continued medical or office use.
Where is this medical office space located?
The property is located at 4830 Southpoint Dr Fredericksburg, VA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Existing medical build‑out with exam rooms, behavioral health space, and laboratory infrastructure; Less than 1/2 mile from I‑95 via Exit 126; Zoned Commercial (C‑3)
