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    96 Industrial Dr Fredericksburg, VA 22408

    For Sale
    $2,500,000

    Prime Fredericksburg location, 1650 sq ft warehouse.

    Property size:
    1,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,650 square foot industrial property, located at 96 Industrial Drive in Fredericksburg, Virginia (zip code 22408), presents a unique investment opportunity. Situated on a 0.6-acre lot, this warehouse boasts a prime location in the heart of Fredericksburg's car dealership district, conveniently positioned off Route 1/Patriot Highway. The property features a spacious office and showroom area, ample floor space for vehicle display, and a large bay equipped with a lift. Climate control is provided throughout the office, showroom, and bay areas. Additional features include a covered bay ideal for detailing vehicles, over 70 parking spaces (50 in front and 20 in the rear), and prominent signage (both monument and ground signs). Security measures are in place, including a fully fenced property (with a secure rear fence), security lighting, and a video camera system, all of which convey with the sale. The asking price for this well-maintained property is $2,500,000. Showings are by appointment only.

    Property Features for 96 Industrial Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    1,650 SF
    Lot Size
    26,136 SF

    HighLights

    • 1,650 SF industrial property on a 0.6‑acre lot in Fredericksburg, VA (22408).
    • Prime location in Fredericksburg's car dealership district, off Route 1/Patriot Highway.
    • Features office/showroom, ample vehicle display space, large bay with lift, and climate control.
    • Includes covered detailing bay, 70+ parking spaces, and prominent signage.
    • Secure property with fencing, lighting, and video cameras; asking price $2,500,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    L & S Auto ... Used Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Fredericksburg City
    State
    Virginia
    Longitude
    -77.5002027
    Latitude
    38.2568304

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    FAQs

    What type of property is this?
    Distribution property - Prime Fredericksburg location, 1650 sq ft warehouse.
    Where is this distribution property located?
    The property is located at 96 Industrial Dr Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 1,650 SF industrial property on a 0.6-acre lot in Fredericksburg, VA (22408).; Prime location in Fredericksburg's car dealership district, off Route 1/Patriot Highway.; Features office/showroom, ample vehicle display space, large bay with lift, and climate control.
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    96 Industrial Dr Fredericksburg, VA 22408
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    Fredericksburg, VA 22408
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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
    96 Industrial Dr Fredericksburg, VA 22408
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