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    2304 Emancipation Hwy Fredericksburg, VA 22401

    Sponsored
    For Sale
    $475,000

    Vacant Office, High Visibility, 1,632 SF

    Property size:
    1,632 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,632 square foot, Class B office building at 2304 Emancipation Highway in Fredericksburg, VA, is available for $475,000 ($291.05/SF). Built in 1966, this single-story, free-standing building offers excellent visibility and accessibility along Route 1, across from Koons Automotive. The property boasts 10 on-site parking spaces and a pylon sign, enhancing its marketing potential. The permitted zoning is CT - COMM/OFF TRANSITIONAL. Currently vacant, this property presents a unique opportunity for owner-occupancy or investment. Its strategic location provides easy access to major thoroughfares and high traffic volume. Virtual and video tours are available online. The property was previously 100% leased until 2025 (details available under a non-disclosure agreement).

    Property Features for 2304 Emancipation Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,632 SF
    Class
    B

    Building Details

    Year Built
    1966
    Stories
    1

    HighLights

    • 1,632 SF Class B office building in Fredericksburg, VA, listed at $475,000 ($291.05/SF).
    • Single‑story free‑standing building on Route 1, offering high visibility across from Koons Automotive.
    • Features 10 on‑site parking spaces and a pylon sign.
    • CT - COMM/OFF TRANSITIONAL zoning.
    • Currently vacant, ideal for owner‑occupancy or investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.489216907761
    Latitude
    38.280439654062

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    FAQs

    What type of property is this?
    Office Property / Space - Vacant Office, High Visibility, 1,632 SF
    Where is this office property / space located?
    The property is located at 2304 Emancipation Hwy Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 1,632 SF Class B office building in Fredericksburg, VA, listed at $475,000 ($291.05/SF).; Single-story free-standing building on Route 1, offering high visibility across from Koons Automotive.; Features 10 on-site parking spaces and a pylon sign.
    (540) 322-4140
    Request Owner's contact information
    2304 Emancipation Hwy Fredericksburg, VA 22401
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    Fredericksburg, VA 22401
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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
    2304 Emancipation Hwy Fredericksburg, VA 22401
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