Single-Room Office
909 SOPHIA STREET #A, Fredericksburg, VA 22401
For Sale
New
Contact for pricing
The space is currently configured as an office and offers a compact footprint for business operations.
Property Size400 SF
Price / SF$3
Days on Market4
Property Features for 909 SOPHIA STREET #A
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Elevate Homes LLC
Listed By:
Andrew Neal Johnson · License #0225272617
(540) 498-8368
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 3:00PM
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 Elevate Homes LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 400-square-foot office unit is arranged as a single room and is presently set up for office use. The building dates to 1950.
The property is on Sophia Street in downtown Fredericksburg, near the Chatham Bridge and a downtown parking lot.
The property is on Sophia Street in downtown Fredericksburg, near the Chatham Bridge and a downtown parking lot.
Key Highlights
- 400‑square‑foot single‑room office unit
- Currently configured for office use
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,412
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,240
$148.2K
Cap Rate 7%
$105,886
$105.9K
Cap Rate 9%
$82,356
$82.4K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$10.9K $27.24/SF
− Vacancy
−$1.0K −$2.53/SF
EGI
$9.9K $24.71/SF
− OpEx
−$2.5K −$6.18/SF
NOI
$7.4K $18.53/SF
Area
Spotsylvania County, VA
Vacancy
9.30%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,240
Cap Rate 7%
$105,886
Cap Rate 9%
$82,356
Alternative Uses
Best Use
Office B
$105.9K
$92.7K – $123.5K
NOI $7,412 @ 7.0% cap · market cap 617.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$125.4K
$109.7K – $146.3K
NOI $8,777 @ 7.0% cap · market cap 731.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,022
Businesses Nearby
Explore this area
Business Placement
Demographics for 22401, VA
27,799
Population
12,270
Households
2.3
Avg Household Size
32
Median Age
47%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
2,673
Density / Sq Mi
$85,432
Median Household Income
$46,891
Median Earnings
$1,518
Median Rent
$461,600
Median Home Value
Market
Average Price Trend$/SF for Office Units in Fredericksburg, VA
Properties on Market for Office Units in Fredericksburg
Vacancy Rate% for Office in Fredericksburg, VA
Frequently Asked Questions
What type of property is this?
Office unit - The space is currently configured as an office and offers a compact footprint for business operations.
Where is this office unit located?
The property is located at 909 SOPHIA STREET #A Fredericksburg, VA.
What are key features of this property?
This property features: 400‑square‑foot single‑room office unit; Currently configured for office use; Built in 1950
