105 Cambridge St Fredericksburg, VA 22405-2357
- Auto shops
- 5,410 SF
- 0.19 lot acres
Current Use by Public Records
- i Garage Auto Body, Classic Car Restoration, LS SWAPS, LS Tuning, Towing & Transport / Auto Body Shop / Auto Restoration Service
Property Details for 105 Cambridge St
- Year built
- 1980
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.19 lot acres
- Property size
- 5,410 SF
- Zone code
- B2- URBAN COMM
- Property type
- Auto shops
- APN
- 53D-1-102
- APU
- 53D1102
Description
This exceptional 5,350 square foot industrial building in Fredericksburg, VA, is ideally suited for auto repair or body work businesses. The property features a 10-car garage with four oversized garage doors, a permitted spray booth, and freshly paved asphalt surrounding the building. Recent renovations include the replacement of all windows and doors. A significant advantage is the inclusion of a 12,000 square foot parking lot directly across the street, providing ample space for customer parking and vehicle storage. The building's prime location and comprehensive features create a turnkey operation for automotive-related businesses. The property is offered for sale at $875,000. A lease option is also available at $6,000 per month. This is a rare opportunity to acquire a well-maintained, ready-to-use industrial space with significant parking. The property's 0.19-acre lot and convenient location make it an attractive investment. The building's features, including the permitted spray booth and ample parking, are ideal for a variety of automotive-related businesses. Don't miss this chance to own a thriving business location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $620,000
- 6.5%
- $645,000
- 7%
- $710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $610,000
- Retail
- $660,000
- Mixed-Use
- $545,000
- Hospitality
- $620,000
- Educational
- $610,000
- Residential Income
- $605,000
- Energy
- $585,000
- Income-Based Land
- $555,000
- Food Service
- $580,000
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Stafford
- State
- Virginia
- Longitude
- -77.47
- Latitude
- 38.3228
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
