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Property profile

0 Cherry Rd Fredericksburg, VA 22407

OFF-MARKET
Office Spaces
14,880 SF Built 2023
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Property summary

AI-generated overview

This stunning, newly constructed two-story Class A office building, completed in 2023, offers 14,880 square feet of versatile space in Spotsylvania County, VA. Located on Cherry Road, the building boasts an attractive brick and veneer exterior with abundant windows, creating a bright and welcoming atmosphere. The property is zoned C2 and features a single building with two stories and elevator access. Multiple tenancy options are available, with spaces divisible to a minimum of 1,500 square feet, allowing for flexibility to accommodate various business needs. The entire 14,880 square feet is currently vacant and available for lease or sale (as condominiums). The building is ideally suited for a wide range of office users, including medical and professional practices. Individual suites can be customized to meet specific requirements, offering a unique opportunity to establish a presence in this desirable location. The building's modern design and prime location make it an exceptional investment opportunity. This property presents a rare chance to secure high-quality office space in a thriving area.

Property profile

Verified
Property type Office Spaces
Year built 2023
Total area 14,880 SF

Cap rate & NOI

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

Location

Cherry Rd Fredericksburg, VA 22407
Fredericksburg metro
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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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