4820 Southpoint Dr Fredericksburg, VA 22407
- Commercial real estate
- 7,540 SF
- 0.59 lot acres
Current Use by Public Records
- Jack Horn / Counselor / Practitioner Service Location
- JB ALLIANCE, LLC / Transportation Service
- Dr. Peter Sorman / Neurophysiologist
- Farmers Insurance: Steele Insurance Agency / Insurance Agency
- BrightStar Care / Home Health Care Service / Nursing Agency
Property Details for 4820 Southpoint Dr
- Year built
- 2002
- Lot size
- 0.59 lot acres
- Property size
- 7,540 SF
- Zone code
- C3 - COMMERCIAL 3
- Property type
- Commercial real estate
- APN
- 35-7-1A
- APU
- 3571A
Description
This exceptional commercial property at 4820 Southpoint Drive, Suite 201, Fredericksburg, VA 22407, offers a unique investment opportunity. The 15,028 square foot office building sits on a 1.43-acre lot and is zoned C3. Currently, there is 1,750 square feet of vacant space available within the single suite building. The property's strategic location in one of Virginia's fastest-growing areas offers significant potential for growth and return. The surrounding area is experiencing a surge in both residential and commercial development, including the upcoming construction of a large new VA Clinic just minutes away. This prime location provides easy access to Thompson Office Park and benefits from the increased activity and infrastructure improvements associated with this substantial expansion. The property's APN is 35-7-1 35-7-1A within Fredericksburg City County. This presents a rare chance to acquire a well-situated office building in a thriving market, offering immediate income potential and long-term growth prospects. The property's size and zoning provide flexibility for a variety of commercial uses. Don't miss this opportunity to secure a foothold in this dynamic and expanding region.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,655,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,255,000
- 6.5%
- $2,615,000
- 7%
- $2,600,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,580,000
- Geo Method
- $2,550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,020,000
- Retail
- $3,065,000
- Mixed-Use
- $3,080,000
- Hospitality
- $2,950,000
- Educational
- $2,595,000
- Residential Income
- $2,690,000
- Energy
- $2,655,000
- Income-Based Land
- $2,670,000
- Food Service
- $2,885,000
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.5024
- Latitude
- 38.2295
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
