Downtown Stafford Redevelopment
2092 Jefferson Davis Hwy Stafford, VA 22554
2092 Jefferson Davis Hwy, Stafford, VA, 22554
Contact for pricing
For Sale
Contact for pricing
Prime commercial site in Stafford's redevelopment area.
Property Size9,000 SF
Lot Size2.00 Acres
Price / SF$263.11
Days on Market2552
Property Features for 2092 Jefferson Davis Hwy
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 2.00 Acres
- Property subtype
- Retail, Office, Industrial, Mixed Use, Land
Building Details
- Year Built
- 1924
Listing Agency
Aquia Realty
(540) 659-2192
Listed by
Jo Knight · License #VA 0225033478
Source
Crexi
Added: Jul 23, 2019 Checked: Jul 17 at 2:28 pm
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 Aquia Realty
Investment Insights
Based on property information with market context.
Located in the heart of downtown Stafford's redevelopment area, this property offers a prominent site with frontage on US 1 and convenient access to the Stafford Government Center. The property, zoned B2 (Commercial), spans almost 2 acres. Existing improvements include two buildings with a total area of approximately 9000 square feet.
Key Highlights
- Prime location in the heart of downtown Stafford's redevelopment area
- Approximately 2 acres of B2 (Commercial) zoned land
- Prominent site with frontage on US 1
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $270.0k | $30.00 |
| − Vacancy | −$18.9k | −$2.10 |
| EGI | $251.1k | $27.90 |
| − OpEx | −$94.2k | −$10.46 |
| NOI | $156.9k | $17.44 |
9,000 SF · lease $30.00/SF/yr · vacancy 7.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$4.30M
$3.76M – $5.02M
NOI $301,066 @ 7.0% cap · market cap 12.71%
Second Best
Mixed Use
$2.24M
$1.96M – $2.62M
NOI $156,938 @ 7.0% cap · market cap 6.63%
Theoretical Best
Specialty Retail
$5.00M
$4.37M – $5.83M
NOI $349,920 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grace2Be
Marketing Consultant
She's Got Style ...
Clothing Store
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FAQs
What type of property is this?
Mixed-use property - Prime commercial site in Stafford's redevelopment area.
Where is this mixed-use property located?
The property is located at 2092 Jefferson Davis Hwy Stafford, VA.
What is the asking price?
The asking price for this property is $2,368,000.
What are key features of this property?
This property features: Prime location in the heart of downtown Stafford's redevelopment area; Approximately 2 acres of B2 (Commercial) zoned land; Prominent site with frontage on US 1
