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Property profile & analytics
FOR LEASE
Commercial real estate

10894 Houser Dr Parcel B Fredericksburg, VA 22408

1,500 SF 1 ac lot Built 1974
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US87-1260672
No photos on file
For Lease
$515,000
10894 Houser Dr,Unit Parcel B, Fredericksburg, VA 22408
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Property summary
AI-generated overview

This exceptional industrial property, located at 10894 Houser Drive Parcel A in Fredericksburg City, offers a versatile 4,787 square foot warehouse space. The property is classified as Industrial, Land, encompassing a flexible layout suitable for various commercial uses. Currently, there is one available suite within the building, providing a single, sizable space for a tenant. The building's total square footage is 4,787 square feet. This presents a significant opportunity for businesses seeking a substantial warehouse or flex space in a convenient location. The property's classification as both warehouse and flex space indicates its adaptability to a range of operational needs, potentially accommodating storage, light manufacturing, or office/warehouse combinations. Its location in Fredericksburg City offers access to key transportation routes and a thriving business community. The multiple tenancy designation suggests potential for future expansion or subdivision, depending on the tenant's requirements and future development plans. This property is ideal for businesses seeking a well-situated, sizable space to support their operations within the Fredericksburg City area. Further details regarding lease terms and conditions are available upon request. Interested parties are encouraged to inquire promptly to secure this prime industrial space.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Total area 1,500 SF
Lot 1 ac (43,560 SF)
Zoning code R1 - RESIDENTIAL 1
APN 23-A-133
UPID US87-1260672
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Total Property Services Landscaping General Contractor
  • Hairfield's Auto Repair Auto Repair Shop
  • TPS Roll Off Service Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
Houser Drive II LLC · 4 yrs held
Houser Drive II LLC
since 2022
Last sale
$500,000
1 recorded transaction
2022
$500,000
Zoning & alternative use
R1 - RESIDENTIAL 1 · Fredericksburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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