Office Condominium with Medical
927 MAPLE GROVE Drive Fredericksburg, VA 22407
For Sale
Under Contract
$749,000
Commercial Sale - FREDERICKSBURG, VA
Property Size3,196 SF
Lot Size2.15 Acres
Price / SF$234.36
Days on Market166
Property Features for 927 MAPLE GROVE Drive
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 50
- Parking features
- Parking Lot
- Standard status
- Active Under Contract
- Lot size
- 2.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4739
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Building materials
- Block
Listing Agency:
Century 21 Redwood Realty
(540) 659-2161
Listed By:
Kimberly A Guilder · License #0225225075
(540) 840-1596
Added: Feb 10
Changed: Jun 29
Last Checked: Jul 26 at 11:06PM
MLS# VASP2039162
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This +-3,196 SF office condominium is delivered vacant and ready for immediate occupancy or conversion. The suite includes a professional build-out designed to support medical, wellness, or general professional services. The layout features multiple private offices, conference rooms, administrative areas and reception, along with an IT room, lobby, bullpen space, and kitchenette. Bathroom availability includes multiple restrooms, including a full in-suite shower, adding functional versatility for medical and wellness users. Recent improvements include fresh interior paint throughout, and office furniture is noted to convey.
Located in Fredericksburg, VA in Spotsylvania County, the property offers convenient access to major roadways and surrounding amenities. Access is described as easy to all major roadways, including RT3, RT1, and I-95.
As an owner-user option, the condo’s multiple rooms and in-suite shower support a range of healthcare-adjacent and wellness formats without requiring immediate construction. For investors, the existing build-out and vacant delivery may help streamline positioning for professional tenants seeking an office configuration that already supports both front-of-house and back-office operations.
Located in Fredericksburg, VA in Spotsylvania County, the property offers convenient access to major roadways and surrounding amenities. Access is described as easy to all major roadways, including RT3, RT1, and I-95.
As an owner-user option, the condo’s multiple rooms and in-suite shower support a range of healthcare-adjacent and wellness formats without requiring immediate construction. For investors, the existing build-out and vacant delivery may help streamline positioning for professional tenants seeking an office configuration that already supports both front-of-house and back-office operations.
Key Highlights
- +-3,196 SF office condominium in Fredericksburg, VA delivered vacant
- 2007 construction with block exterior materials; forced air heating and central air
- Professional build‑out with multiple private offices, conference rooms, reception, lobby, and bullpen
Financial Insights For Healthcare Medical
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 | $115.8k | $36.24 |
| − Vacancy | −$10.8k | −$3.37 |
| EGI | $105.1k | $32.87 |
| − OpEx | −$42.0k | −$13.15 |
| NOI | $63.0k | $19.72 |
3,196 SF · lease $36.24/SF/yr · vacancy 9.30% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$900.4K
$787.9K – $1.05M
NOI $63,031 @ 7.0% cap · market cap 8.42%
Second Best
Office B
$846.0K
$740.3K – $987.0K
NOI $59,222 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$1.00M
$876.6K – $1.17M
NOI $70,127 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Constance Berryman
Physician
Rinker Design Associates, ...
Civil Engineer
Jani Jani
Ophthalmologist
Lauren Lofdahl Richards
Physician
Partlow Insurance Agency, ...
Insurance Agency
Similar Off Market Nearby
- PetVet Wellness Center — 4179 Plank Rd, Fredericksburg, VA 22407
FAQs
What type of property is this?
Medical Office Space - Vacant office condo in Fredericksburg with a flexible medical or wellness-ready layout and recent interior updates.
Where is this medical office space located?
The property is located at 927 MAPLE GROVE Drive Fredericksburg, VA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: +-3,196 SF office condominium in Fredericksburg, VA delivered vacant; 2007 construction with block exterior materials; forced air heating and central air; Professional build‑out with multiple private offices, conference rooms, reception, lobby, and bullpen
