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    Property profile & analytics

    311 Central Rd Fredericksburg, VA 22401

    • Commercial real estate
    • 26,608 SF
    • 4.57 lot acres
    For Lease
    View listing
    $7 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US87-1228539
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ferguson Waterworks / Pipe Supplier / Water Works
    • Brothers Marble & Granite / Countertop Store / Construction Company
    • Stock Building Supply / Building Materials Store / Building Materials Supplier
    • Dshane Professional Home Services LLC / Bathroom Remodeler / Dry Wall Contractor
    • Installation Services LLC / Construction Company / Remodeler

    Property Details for 311 Central Rd

    Year built
    1950
    Lot size
    4.57 lot acres
    Property size
    26,608 SF
    Zone code
    I2
    Property type
    Commercial real estate
    APN
    7778-89-2017
    APU
    7778892017

    Description

    This single-story, 26,608 square foot office building at 311 Central Road in Fredericksburg, Virginia, presents a unique opportunity for businesses seeking flexible space. Located on a 4.57-acre lot, the property offers multiple tenancy options, with spaces ranging from a minimum of 110 square feet to a maximum contiguous space of 10,908 square feet. The building, constructed in 1950, is classified as Class C and features 3-phase power, making it suitable for a variety of commercial uses. The I2 zoning allows for diverse business applications. The property's address is 311 Central Rd, Fredericksburg, VA 22401 (APN: 7778-89-2017, Stafford County). Its convenient location in Fredericksburg offers easy access to major transportation routes and amenities. The building's traditional office layout provides a functional and adaptable workspace. Currently, two spaces are available, providing immediate occupancy potential. This property is an excellent choice for businesses seeking a cost-effective and well-situated office solution in a thriving market. The building's size and layout offer significant potential for customization and expansion to meet specific business needs. Interested parties should inquire about available space and lease terms.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Fredericksburg City
    State
    Virginia
    Longitude
    -77.4713
    Latitude
    38.2869
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,114
    $686,000
    $787,500
    $1,473,500
    -
    $686,000
    $787,500
    $1,473,500

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    311 Central Rd
    Fredericksburg, VA 22401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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