Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

1498 Central Park Blvd Fredericksburg, VA 22401

OFF-MARKET
Commercial real estate
Property ID
US87-1300640
4,056 SF 0.52 ac lot Built 1998
Last sale Nov 2024 · $880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,000 square foot storefront located at 1498 Central Park Boulevard in Fredericksburg, Virginia, zip code 22401. The property is a single-unit, single-building net lease investment with a remaining lease term of approximately 1.8 years, expiring August 31, 2026. The asking price is $985,000, representing a 7.53% capitalization rate based on a net operating income (NOI) of $74,160. The storefront boasts an impressive 18-foot ceiling height…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$569k
Assessed land$324k
Assessed improvement$245k
Effective rate0.89%

Value estimate

· Oct 2026
$880k
$792k – $968k
AI approach$880k
CAP approach$1.09M
Submarket $/SF estimate$854k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$241/SF
ZIP average, outlier-cleaned · 183 recorded sales of this use type
Observed band · Q1–Q3$144 – $373
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PDC
JurisdictionFREDERICKSBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service8.8
Parking Facility8.3
Plumbing Service8.2

Location

1498 Central Park Blvd Fredericksburg, VA 22401-4925
County assessor Recorded deeds · 6 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
915 Sophia, Fredericksburg, VA 22401-5825 $144,979 Jan 2026 4,385 SF
1005 Sophia, Fredericksburg, VA 22401-3809 $144,979 Jan 2026 3,315 SF
331 Park Hl, Fredericksburg, VA 22401-3375 $950,000 May 2025 2,941 SF
101 Central, Fredericksburg, VA 22401 $3,515,000 May 2025 3,408 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 1498 Central Park Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved