Property profile

201 Kings Hwy Fredericksburg, VA 22405

OFF-MARKET
Retail properties & Spaces
61,774 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 61,774 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Shopping Center & Mall
  • Charitable Organization Social Service Agency
  • Church

Location

201 Kings Hwy Fredericksburg, VA 22405
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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