11 Smokehouse Dr Fredericksburg, VA 22406
Property profile & analytics
11 Smokehouse Dr Fredericksburg, VA 22406
- Medical Office Space
- 2,504 SF
- 0.34 lot acres
Property ID
US87-1205742
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.
Location Intelligence
Current Use by Public Records
- Real Life Community Church / Church
- Real Life Community Church - Food Distribution Center / Food Bank / Charitable Organization
- Kingdom Expectations / Church
- Lauren F. Scott, NP / Physician
- Yang Ximin DDS / Dental Office
Property Details for 11 Smokehouse Dr
- Year built
- 2007
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.34 lot acres
- Property size
- 2,504 SF
- Zone code
- B2- URBAN COMM
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 44AA-1A
- APU
- 44AA1A
Description
This exceptional 7% cap rate shopping center, located at 11 Smokehouse Dr, Fredericksburg, VA 22406, presents a compelling investment opportunity. Priced at $3,700,000, the property boasts a strong Net Operating Income (NOI) of $259,000. Its strategic location offers significant advantages, including proximity to dense residential areas, ensuring a consistent customer base. The property benefits from excellent visibility on Smokehouse Dr and Plantation Dr, and enjoys convenient access to major roadways, specifically Warrenton Road (Rt. 17), and is less than 1.5 miles from I-95 at Exit 133B. Ample parking is available for customers and tenants. The current owner is open to subdividing the property for lease, providing flexibility for potential buyers seeking to tailor the space to their specific needs. This makes it an ideal investment for both seasoned investors and those new to the commercial real estate market. The property's strong performance and strategic location make it a highly attractive investment opportunity with significant potential for future growth and return. The property is classified as retail and is categorized as a shopping center. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving Virginia market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $470,000
- ML approach
- $455,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $655,000
- 6.5%
- $605,000
- 7%
- $560,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Stafford
- State
- Virginia
- Longitude
- -77.5033
- Latitude
- 38.355
- 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
2023
$5,418
$235,500
$343,100
$578,600
-
$235,500
$343,100
$578,600
