Property profile

615 Jefferson Davis Hwy Fredericksburg, VA 22401

OFF-MARKET
Office Spaces
7,814 SF
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Property summary

AI-generated overview

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

Verified
Property type Office Spaces
Total area 7,814 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
  • Ophthalmologist
  • Physician Medical Clinic
  • Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

615 Jefferson Davis Hwy Fredericksburg, VA 22401
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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