1051 Care Way Fredericksburg, VA 22401
- Commercial real estate
- 16,290 SF
- 2.47 lot acres
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
-
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
- AI Estimate
- $2,611,000
Market price range: $2.34M - $6.07MMarket price range: $546k - $2.61M
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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