Property summary
This exceptional 7,814 square foot medical office building, situated on a generous 4.72-acre lot in the City of Fredericksburg, presents a unique investment opportunity. The property is classified as both medical office and commercial, offering significant versatility for a range of uses. Currently configured as a single suite, the building provides ample space for a variety of medical practices or commercial enterprises. Its location within Fredericksburg City offers excellent access to major transportation routes and a thriving local community. The substantial lot size provides ample room for expansion or future development, making this property an attractive prospect for long-term growth. The property's single-suite layout offers flexibility for a single large tenant or the potential for subdivision to accommodate multiple smaller businesses. This presents a rare opportunity to acquire a well-located, sizable commercial property in a desirable market. The combination of medical office and commercial zoning allows for a diverse range of potential uses, maximizing the property's investment potential. Serious inquiries are encouraged to explore the possibilities this property offers. The substantial acreage provides significant potential for future development or expansion, adding to its long-term value. This is a prime opportunity to acquire a substantial commercial property in a thriving city location.
Property profile
VerifiedCap rate & NOI
Current use
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Ophthalmologist
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Physician Medical Clinic
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Medical Clinic
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Physician Medical Clinic
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Physician Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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