Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
10411 Courthouse Rd Spotsylvania, VA 22553
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1163411
For Sale
1 / 44
$1,450,000
10411 Courthouse Rd, Spotsylvania, VA 22553
View Listing →
Property summary
AI-generated overview
This exceptional 5,562 square foot office property, located at 10411 Courthouse Road in Spotsylvania Courthouse, Virginia, presents a unique investment opportunity. The single-tenant building boasts a prime location on Route 208, enjoying high visibility with over 42,000 vehicles passing daily. Its convenient access to Spotsylvania Courthouse, Fredericksburg, and I-95 ensures seamless travel. The property features a second-floor, 802 square foot suite available, offering an open floor plan and a private bath. This suite is part of a multi-tenant building, sharing space with established businesses like KidsChoice Pediatrics, Fredericksburg Wellness Center, and Healing Hands Therapeutic Massage. Ample parking is available. The property type is classified as Office and Land, and the building consists of one suite. Tenants are responsible for utilities. This is an ideal space for a business seeking convenient access, high visibility, and a thriving professional environment within Spotsylvania County (zip code 22553). The property benefits from direct frontage and easy accessibility to Leavells Road.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
5,562 SF
Lot
0.64 ac (27,878 SF)
Zoning code
R1 - RESIDENTIAL 1
APN
35-A-19P
UPID
US87-1163411
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$558k
Blend (final)
Blend
$785k
Owner & transaction history
Laurence E Lesser
Laurence E Lesser
1 recorded transaction
Zoning & alternative use
R1 - RESIDENTIAL 1 · Spotsylvania, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spotsylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spotsylvania submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$980,000
6.5%
$905,000
7%
$840,000
Blend value · Realmo final
$785k
Range $707k – $864k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$141 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,715
Tax year 2023
Assessed value
$870,100
Assessed 2023
Previous assessed
$870,100
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$432,100
Assessed improvement
$438,000
Land market value
$432,100
Improvement market value
$438,000
Total market value
$870,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
HEAT PUMP
Cooling
YES
Total area
5,562 SF
Lot
0.64 ac (27,878 SF)
Zoning code
R1 - RESIDENTIAL 1
APN
35-A-19P
UPID
US87-1163411
Jurisdiction
SPOTSYLVANIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R1 - RESIDENTIAL 1 · Spotsylvania, VA
Zoning R1 - RESIDENTIAL 1 · permitted uses
R1 - RESIDENTIAL 1 · Spotsylvania, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spotsylvania. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
HEAT PUMP
Cooling
Yes
Lot
0.64 ac
Current owner
From public records · entity-resolved
Laurence E Lesser
Individual
Mailing address
520 WILLIAM ST, FREDERICKSBURG, VA 22401-5775
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Laurence E Lesser
—
Deed Of Trust
related
$475,000 · Pnc Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
