400 Howison Ave Fredericksburg, VA 22401
- Commercial real estate
- 44,307 SF
- 9.16 lot acres
Current Use by Public Records
- A & B Kearns Landscape Supply / Landscaping Supply Store
Property Details for 400 Howison Ave
- Year built
- 1947
- Lot size
- 9.16 lot acres
- Property size
- 44,307 SF
- Zone code
- I1
- Property type
- Commercial real estate
- APN
- 7788-17-5832
- APU
- 7788175832
Description
This exceptional Fredericksburg flex industrial property offers two available suites, ranging from 1,500 to 19,000 square feet. Ideal for a variety of businesses, this Class B building boasts multiple grade-level drive-in doors for convenient loading and unloading. Ample outdoor storage space is also available, providing additional flexibility for your operations. The high ceilings, measuring 15 feet or more, offer generous vertical space for storage or equipment. The property is conveniently located in the Fredericksburg submarket and is zoned I-1, ensuring compatibility with a wide range of industrial uses. Three-phase power is readily available, catering to businesses with significant energy demands. Furthermore, the property benefits from the convenience of on-site public water and sewer services. This versatile space presents a fantastic opportunity for businesses seeking efficient and well-equipped industrial space in a prime Fredericksburg location. The multiple suite configuration allows for flexibility in space requirements, accommodating both smaller and larger operations. The combination of convenient features, ample space, and strategic location makes this property a highly desirable option for industrial tenants. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,115,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,235,000
- 6.5%
- $1,400,000
- 7%
- $1,375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,140,000
- Geo Method
- $1,430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,350,000
- Retail
- $1,195,000
- Mixed-Use
- $1,360,000
- Hospitality
- $1,315,000
- Educational
- $1,265,000
- Residential Income
- $1,340,000
- Energy
- $1,290,000
- Income-Based Land
- $1,350,000
- Food Service
- $1,255,000
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Fredericksburg City
- State
- Virginia
- Longitude
- -77.4596
- Latitude
- 38.2829
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
