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    4500 Plank Rd Fredericksburg, VA 22407

    Sponsored
    For Lease
    $15 SF/Yr ($3,856 /Mo)

    High-traffic retail space, prime location.

    Lot size:
    3,085 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,085 square foot street-level condo, situated at 4500 Plank Rd in Fredericksburg, VA 22407, presents a remarkable opportunity for businesses seeking high visibility and accessibility. Built in 2013 and renovated in 2018, this Class B property boasts a single-tenant occupancy and offers a spacious layout with a 12-foot ceiling height. The convenient location directly on Route 3 (Plank Road) ensures significant exposure to the 65,000 vehicles passing daily. Ample parking is provided with 30 spaces available for customers and employees. This property is part of a small plaza with existing tenants, offering a synergistic environment. The space includes approximately 2,500 square feet of primary retail space plus additional storage area. The strategic location near a signalized intersection and across from a Wawa further enhances its appeal. Furthermore, pylon and façade signage opportunities are available to maximize brand visibility. Property taxes are $0 per square foot. This is a turnkey solution for a variety of retail, office, or restaurant uses.

    Property Features for 4500 Plank Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,085 SF
    Class
    B
    Total Rate
    3856.25

    Building Details

    Year Built/Renovated
    2013/2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    15 SF
    Rate per SF
    $15

    HighLights

    • 3,085 SF street‑level condo at 4500 Plank Rd, Fredericksburg, VA.
    • High‑visibility location on Route 3 (Plank Road), with 65,000+ vehicles daily.
    • Class B property, built in 2013, renovated in 2018, single‑tenant occupancy.
    • 2,500 SF of retail space plus additional storage; 12‑foot ceilings.
    • 30 parking spaces; pylon and façade signage available.
    • Located in a small plaza with existing tenants, near a signalized intersection and Wawa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jean T. Koch ... Chiropractor Medi-Innovate Pharmacy Pharmacy All Fur Pet ... Pet Groomer OneMain Financial Loan Agency D H Homes ... General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.537890367089
    Latitude
    38.288679016148

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space, prime location.
    Where is this restaurant located?
    The property is located at 4500 Plank Rd Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 3,085 SF street-level condo at 4500 Plank Rd, Fredericksburg, VA.; High-visibility location on Route 3 (Plank Road), with 65,000+ vehicles daily.; Class B property, built in 2013, renovated in 2018, single-tenant occupancy.
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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
    4500 Plank Rd Fredericksburg, VA 22407
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