Entity Owned Property summary
AI-generated overview
The property consists of medical space configured as the full first floor and lower level, designed to be used contiguously, totaling approximately 2,361 square feet. It has no stated use restrictions or affiliation requirements for occupancy. The building is part of the Mary Washington Healthcare’s Fredericksburg campus, with a laboratory-related tenant (Labcorp) located on the second floor. The site is positioned with convenient access to Route 1, Interstate 95, and Cowan Boulevard.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Total area
16,262 SF
Lot
1.3 ac (56,715 SF)
Zoning code
CT
APN
7779-36-0681
UPID
US87-1008725
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Laboratory Blood Testing Service
-
Physician
-
Physician
-
Physician
-
Midwife Nurse Practitioner
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.85M
CAP Approach
CAP
$4.37M
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$3.85M
Owner & transaction history
since 2024
Last sale
$3.9M
6 recorded transactions
Zoning & alternative use
CT · Fredericksburg, VA
Zoning description
The CT District is established to provide for the location of predominantly nonresidential commercial uses in a low intensity manner such that they can be employed as transitional land uses between residential neighborho…
General category
COMMERCIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$3.85M
Value range
$3.47M – $4.24M
±10% around blend
Estimated value / SF
$237 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
$3.47M
blend $3.85M
$4.24M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
16,262 SF
Lot area
1.3 ac
Year built
2007
Stories
2
APN
7779-36-0681
Zoning
CT
Assessed value
$5,084,800
Annual tax
$45,255
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.37M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.73M
@ 6.5% CAP return
$4.37M
@ 7% CAP return
$4.05M
4
Sales comparison
Partial preview
Sales approach indication
$949k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 11,994 SF
17.5 mi away · 15,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 183 sales
$241
-2%
Submarket 380 sales
$240
-1%
County 187 sales
$242
-2%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $237/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
7.40%
Implied, in-place cap rate for this other commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.40%
9.0%
NOI (est.)
$270k *
Last sale · Jan 2024
$3.85M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.64M
Move the market yield to see immediate price impact.
Value / SF
$224
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.90%7.40%7.90%
$243k
$3.52M
$3.28M
$3.07M
$270k
$3.91M
$3.64M
$3.41M
$296k
$4.30M
$4.01M
$3.75M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$200k
1.8 mi · Dec 2025 · $12/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$45,255
Tax year 2024
Assessed value
$5,084,800
Assessed 2024
Previous assessed
$5,084,800
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$765,700
Assessed improvement
$4,319,100
Land market value
$765,700
Improvement market value
$4,319,100
Total market value
$5,084,800
Applied tax rate
5,101,510.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
16,262 SF
Lot
1.3 ac (56,715 SF)
Zoning code
CT
APN
7779-36-0681
UPID
US87-1008725
Jurisdiction
FREDERICKSBURG CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CT · Fredericksburg, VAZoning CT · permitted uses
CT · Fredericksburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The CT District is established to provide for the location of predominantly nonresidential commercial uses in a low intensity manner such that they can be employed as transitional land uses between residential neighborho…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
1.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CT
COMMERCIAL
Jurisdiction
Fredericksburg, VA
Recorded code
CT
Official district
CT
Official district profile
What the municipal code says about CT
Zoning description
The CT District is established to provide for the location of predominantly nonresidential commercial uses in a low intensity manner such that they can be employed as transitional land uses between residential neighborho…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CT in Fredericksburg, VA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
You own 1071 Care Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
