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    3504 Plank Rd Fredericksburg, VA 22407

    For Lease
    $28 SF/Yr

    17,771 SF Office Building, 2,550 SF Vacant

    Lot size:
    17,771 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional three-story office building, constructed in 2007, offers a versatile workspace in a prime Fredericksburg, VA location. The property boasts a total of 17,771 square feet, with 2,550 square feet currently available for lease. The building features a single-tenant occupancy, ideal for a business seeking a dedicated and expansive space. The building's C-2 zoning provides flexibility for a variety of commercial uses. Situated on a 0.9-acre lot, the property provides ample parking and visibility. Modern amenities include elevators, ensuring convenient access to all three floors. The building's traditional office layout is complemented by the potential for executive office suites or coworking spaces, catering to diverse business needs. The address is 3504 Plank Rd, Fredericksburg, VA 22407. This property presents a unique opportunity for businesses seeking a well-maintained, strategically located office space in a thriving community. The building's size and layout offer significant potential for customization and expansion. The available 2,550 square feet provides immediate occupancy for a growing company or a business seeking to establish a strong presence in the Fredericksburg market. The property's location offers easy access to major transportation routes and a vibrant local economy.

    Property Features for 3504 Plank Rd

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,771 SF
    Total Rate
    41465.67

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    2,550 SF
    Rate per SF
    $28

    HighLights

    • Plank Road (Route 3) frontage.
    • 80,000 vehicles per day (VPD) traffic count.
    • Class A office suite on the third floor.
    • Located in a HUBZone.
    • Close proximity to Central Park and Spotsylvania Towne Centre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sharon Rivas, Bankers ... Insurance Agency David Haynes, Bankers ... Insurance Agency Chelsea Jones, Bankers ... Insurance Agency John Emory, Bankers ... Insurance Agency Francois Bondo, Bankers ... Insurance Agency

    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
    -77.519664381425
    Latitude
    38.293482384645

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    FAQs

    What type of property is this?
    Coworking space - 17,771 SF Office Building, 2,550 SF Vacant
    Where is this coworking space located?
    The property is located at 3504 Plank Rd Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Plank Road (Route 3) frontage.; 80,000 vehicles per day (VPD) traffic count.; Class A office suite on the third floor.
    Request Owner's contact information
    3504 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
    3504 Plank Rd Fredericksburg, VA 22407
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