Property profile

11047 Pierson Dr E E Ste Fredericksburg, VA 22408

OFF-MARKET
Commercial real estate
Property ID
US87-0889140
1,400 SF 0.03 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional flex space in Fredericksburg, Virginia, offers a total of 2,800 square feet of adaptable industrial space, perfect for a variety of businesses. Located at 11047 Pierson Dr, in the Spotsylvania submarket of Spotsylvania County, this property boasts a convenient location off Route 2/Tidewater Trail, near Shannon Airport. The building is classified as Class C and features a single story layout. The space is currently divided into three units, each ranging in size from 1,400 to 2,800 square feet, offering flexibility for businesses of varying needs. The units can be leased individually or combined to accommodate larger operations. The property includes two dock-high doors and two drive-in doors, providing efficient loading and unloading capabilities. Zoned C3, this property is well-suited for a range of industrial and commercial uses. The former brewery space offers unique character and ample space for customization. This prime location in Spotsylvania County, Virginia, provides easy access to major transportation routes and a thriving business community. The property's features and location make it an ideal choice for businesses seeking a functional and strategically located space. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Total area 1,400 SF
Lot 0.03 ac (1,400 SF)
Zoning code C3 - COMMERCIAL 3
APN 25D-2-E
UPID US87-0889140

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
  • Production Facility Brewery & Distillery
  • Training Center
  • HVAC Service General Contractor
  • Training Center
  • Hardware & Home Improvement HVAC Service

Location

11047 Pierson Dr E E Ste Fredericksburg, VA 22408-2062
Fredericksburg metro Census 20201 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
Last sale
$200,000
3 recorded transactions
2024
$200,000
2018
Price N/A
2011
$70,000

Zoning & alternative use

C3 - COMMERCIAL 3 · Fredericksburg, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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