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Property profile & analytics

1051 Care Way Fredericksburg, VA 22401

  • Commercial real estate
  • 16,290 SF
  • 2.47 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-0797253
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

  • Care Way Rehabilitation / Rehabilitation Center
  • Maritza Romero Gutierrez / Physician
  • Naveen Nandanan / Physician / Medical Clinic
  • Urology Associates: Szlyk Gregory R MD / Medical Clinic
  • Dr. Tristan T. Berry, MD / Physician / Medical Clinic

Property Details for 1051 Care Way

Year built
2007
Lot size
2.47 lot acres
Property size
16,290 SF
Zone code
CT
Property type
Commercial real estate
APN
7779-26-8968
APU
7779268968

Description

This exceptional 3,208-square-foot medical office building is ideally situated at 1051 Care Way in Fredericksburg, Virginia, zip code 22401. The property boasts a single-tenant occupancy, offering stability and ease of management. Its classification as a medical office space makes it particularly well-suited for healthcare providers seeking a dedicated and established location. The building's address is conveniently located within Fredericksburg, providing easy access for patients and staff. The property's single-tenant structure minimizes management complexities, making it an attractive investment opportunity for those seeking a low-maintenance, high-return asset. The building's size is substantial enough to accommodate a variety of medical practices, offering ample space for examination rooms, waiting areas, administrative offices, and support facilities. Its location in Fredericksburg, Virginia, places it within a thriving community with a strong demand for healthcare services. The property is ready for immediate occupancy, presenting a unique opportunity for a medical practice to establish or expand its presence in a desirable market. Further details regarding the property's layout and internal features are available upon request. This is a rare opportunity to acquire a well-located, single-tenant medical office building in a growing market. The property's geographic coordinates are 38.3084059 latitude and -77.4894661 longitude.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $4,735,000
    6.5%
    $4,370,000
    7%
    $4,060,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $6,072,000
    Market price range: $2.34M - $6.07M
    AI Estimate
    $2,611,000
    Market price range: $546k - $2.61M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fredericksburg
County
Fredericksburg City
State
Virginia
Longitude
-77.4894
Latitude
38.3084
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
$47,002
$1,451,500
$3,829,600
$5,281,100
-
$1,451,500
$3,829,600
$5,281,100
More about this property
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