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    201 Kings Hwy Fredericksburg, VA 22405

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    Fredericksburg, VA: Prime Retail Opportunity

    Lot size:
    61,774 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, Ferry Farm Shopping Center, located at 201-207 Kings Highway in Fredericksburg, Virginia (zip code 22405), offers a significant leasing opportunity. The center boasts a total of 61,774 square feet of retail space, situated on a 6.65-acre lot. Currently, there is 38,254 square feet of vacant space available, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 36,254 square feet. One notable space is a former Food Lion location, offering 36,254 square feet. The property is zoned B-2 Urban Business, allowing for a variety of retail uses. The center underwent major façade renovations in 2021, enhancing its curb appeal and modernizing its appearance. Its strategic location on Route 3, east of downtown Fredericksburg, provides excellent visibility and accessibility to a substantial customer base. This presents a rare chance to secure a prominent retail space in a thriving Stafford County location. The property's size and flexibility make it suitable for a wide range of retail businesses, from smaller boutiques to larger anchor tenants. Interested parties should note the minimum divisible space is 2,000 square feet. This prime retail location offers a unique opportunity for growth and success in a vibrant market.

    Property Features for 201 Kings Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,774 SF

    Unit(s) available at that property

    Space
    2
    Size
    1,260 SF

    HighLights

    • 61,774 SF neighborhood shopping center in Fredericksburg, VA.
    • 38,254 SF of vacant retail space available, divisible to 2,000 SF minimum, with a maximum contiguous space of 36,254 SF.
    • Located at the intersection of Kings Highway (State Route 3) and Ferry Road (Route 606).
    • Approx. 200 parking spaces.
    • 50,000+ population within 3 miles, average household income exceeding $100,000.
    • Minutes from downtown Fredericksburg.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vinny's Italian Grill ... Pizza Restaurant Moon Star Chinese ... Chinese Restaurant Ferry Farm Shopping ... Shopping Mall Stafford Food Security Non-Profit Organization New Restoration Outreach ... Church

    Suggested Use

    Restaurant Realty agency 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
    Stafford
    State
    Virginia
    Longitude
    -77.445954779706
    Latitude
    38.299152817297

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    FAQs

    What type of property is this?
    Individual retail property - Fredericksburg, VA: Prime Retail Opportunity
    Where is this individual retail property located?
    The property is located at 201 Kings Hwy Fredericksburg, VA.
    What are key features of this property?
    This property features: 61,774 SF neighborhood shopping center in Fredericksburg, VA.; 38,254 SF of vacant retail space available, divisible to 2,000 SF minimum, with a maximum contiguous space of 36,254 SF.; Located at the intersection of Kings Highway (State Route 3) and Ferry Road (Route 606).
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    201 Kings Hwy Fredericksburg, VA 22405
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    Fredericksburg, VA 22405
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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
    201 Kings Hwy Fredericksburg, VA 22405
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