Property profile

4551 Empire Ct Fredericksburg, VA 22408

OFF-MARKET
Retail properties & Spaces
1.54 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional 1,128-square-foot retail space at 4551 Empire Court in Fredericksburg, Virginia, presents a fantastic opportunity for entrepreneurs. Previously a salon, this adaptable unit is perfectly positioned in a high-traffic area, ensuring maximum visibility and accessibility for customers. The property sits on a 1.54-acre lot, offering ample parking for both clients and staff. The layout is flexible, allowing for customization to suit a variety of commercial uses, including but not limited to retail, office, or service-oriented businesses. The unit is equipped with essential amenities and infrastructure to support a range of business operations. For businesses requiring more space, there is the option to lease the adjacent 1,022-square-foot unit (4553 Empire Court), with a rent reduction offered by the landlord for leasing both units simultaneously. This thriving commercial area guarantees significant potential for business growth and a robust customer base. The property's strategic location and adaptable space make it an ideal investment for those seeking a prominent presence in the heart of Fredericksburg. This is a rare opportunity to secure a well-situated commercial property with the potential to thrive.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Lot 1.54 ac (67,082 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4551 Empire Ct Fredericksburg, VA 22408
Fredericksburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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