1329 Alum Spring Rd Fredericksburg, VA 22401
- Commercial real estate
- 8,000 SF
- 1.20 lot acres
Current Use by Public Records
- Flourishing Root Counseling and Coaching Services / Counselor
- Biquix Station / Logistics Service / Package Locker
- Biquix - Main Office / Logistics Service
- Brittany Kersey-Adams / Psychologist
- Milestones Play Gym & Pediatric Therapy / Occupational Therapist / Children'S Party Service
Property Details for 1329 Alum Spring Rd
- Year built
- 1996
- Lot size
- 1.20 lot acres
- Property size
- 8,000 SF
- Zone code
- I1
- Property type
- Commercial real estate
- APN
- 7779-60-3518
- APU
- 7779603518
Description
This 9,800 square foot Class B industrial warehouse, built in 1996, is located at 1329 Alum Spring Road, Fredericksburg, VA 22401. The property is zoned I-1 and offers multiple tenancy options. Currently, 1,950 square feet of space is vacant, divisible into units ranging from a minimum of 650 square feet to a maximum contiguous space of 1,300 square feet. The building consists of a total of one suite, although the available space can be configured to accommodate multiple tenants. The property is ideal for businesses seeking flexible warehouse or commercial space in a convenient Fredericksburg location. The available space is suitable for a variety of uses, given its size and zoning classification. Interested parties should inquire about specific lease terms and conditions. The property's location provides easy access to major transportation routes, enhancing its logistical appeal for businesses requiring efficient distribution or delivery capabilities. This presents a unique opportunity to secure industrial space in a thriving market. The building's age and classification suggest a balance between affordability and functionality.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $960,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $960,000
- 6.5%
- $1,110,000
- 7%
- $1,120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,135,000
- Geo Method
- $965,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $980,000
- Retail
- $990,000
- Mixed-Use
- $925,000
- Hospitality
- $1,010,000
- Educational
- $875,000
- Residential Income
- $855,000
- Energy
- $920,000
- Income-Based Land
- $1,060,000
- Food Service
- $935,000
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Fredericksburg City
- State
- Virginia
- Longitude
- -77.4777
- Latitude
- 38.2908
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
