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    OFF-MARKET
    Office Spaces

    615 Jefferson Davis Hwy, Fredericksburg, VA 22401

    7,814 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Retina Institute of Virginia: Smith Bradley T MD Ophthalmologist
    • Nicole Pernod Physician Medical Clinic
    • Four Rivers Psychological Services Medical Clinic
    • Erin Palmwood Physician Medical Clinic
    • Elisabeth Jerome Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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