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    3500 Plank Rd Fredericksburg, VA 22407

    For Lease
    $25 SF/Yr ($14,920 /Mo)

    Fredericksburg, VA: Prime Retail Space Available

    Lot size:
    7,162 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity presents a 1,755 square foot end-cap unit situated at 3500 Plank Road in Fredericksburg, Virginia. The property boasts high visibility due to its prime frontage on Plank Road (Route 3), ensuring significant foot and vehicle traffic. This location offers unparalleled convenience, being less than one mile from Interstate 95, providing easy access for customers and employees. The property is strategically located near the bustling Spotsylvania Towne Center and Central Park, benefiting from the high density of residential and commercial activity in the immediate vicinity. The building itself comprises two single-story structures, totaling 7,162 square feet and encompassing twelve individual suites. Built in 1987, the property is well-maintained and offers a versatile space suitable for a variety of retail or office uses. The available space is an end-cap unit, providing excellent signage opportunities and increased visibility. The property's APN is 13-A-111, located in Spotsylvania County, Virginia, zip code 22407. This is a rare chance to secure a well-positioned retail space in a thriving commercial area. The property's multiple tenancy structure provides a diverse and vibrant environment. Don't miss this opportunity to establish your business in a high-traffic, easily accessible location with strong potential for growth. The property offers a blend of convenience, visibility, and proximity to key amenities, making it an ideal investment for discerning businesses.

    Property Features for 3500 Plank Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,162 SF
    Total Rate
    14920.83

    Building Details

    Year Built
    1987
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Unit L
    Size
    1,755 SF
    Rate per SF
    $25

    HighLights

    • 1,755 SF end‑cap retail/office space in Fredericksburg, VA.
    • High‑visibility location on Plank Road (Route 3), near Spotsylvania Towne Center and Central Park.
    • Excellent access to I‑95.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nails Galaxy Nail Salon Discount Appliances Appliance Store Dragonfly Club Lodge ... Social Club Sierra International Market Store Peace and Love Beauty ... Beauty Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.518847554354
    Latitude
    38.293676967559

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    FAQs

    What type of property is this?
    Retail property - Fredericksburg, VA: Prime Retail Space Available
    Where is this retail property located?
    The property is located at 3500 Plank Rd Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 1,755 SF end-cap retail/office space in Fredericksburg, VA.; High-visibility location on Plank Road (Route 3), near Spotsylvania Towne Center and Central Park.; Excellent access to I-95.
    Request Owner's contact information
    3500 Plank Rd Fredericksburg, VA 22407
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    Fredericksburg, VA 22407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3500 Plank Rd Fredericksburg, VA 22407
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