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Property profile & analytics
FOR LEASE
Warehouses
2031 International Pkwy Fredericksburg, VA 22406
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1154640
For Lease
1 / 2
$19,460,000
2031 International Pkwy, Fredericksburg, VA 22406
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
TYPE NOT SPECIFIED
Total area
140,400 SF
Lot
20.6 ac (897,436 SF)
Zoning code
M1
APN
44-119
UPID
US87-1154640
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.65M
Comparable Approach
Comparable
$17.73M
Blend (final)
Blend
$19.46M
Owner & transaction history
Hdz Real Estate LLC · 1 yrs held
Hdz Real Estate LLC
since 2025
Last sale
$20.2M
7 recorded transactions
Zoning & alternative use
M1 · Fredericksburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$31.3M
+72.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fredericksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fredericksburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$20,645,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,540,000
6.5%
$22,650,000
7%
$21,035,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$18,125,000
Current use
RETAIL STORES
$31,320,000
Change: +73% · Conversion: Moderate
Blend value · Realmo final
$19.46M
Range $17.51M – $21.41M · ±10% · vs last sale $20.15M (Jun 30 2022)
Last sale anchor
$20.15M
Jun 30 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$139 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$108,756
Tax year 2023
Assessed value
$18,736,900
Assessed 2024
Previous assessed
$11,508,600
+62.8% YoY
Effective rate
0.58%
On assessed value
Assessed land
$3,589,700
Assessed improvement
$15,147,200
Land market value
$3,589,700
Improvement market value
$15,147,200
Total market value
$18,736,900
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
1
Total area
140,400 SF
Lot
20.6 ac (897,436 SF)
Zoning code
M1
APN
44-119
UPID
US87-1154640
Jurisdiction
STAFFORD
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
M1 · Fredericksburg, VA
Zoning M1 · permitted uses
M1 · Fredericksburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fredericksburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$18.1M
RETAIL STORES
Est. value
$31.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
1
Lot
20.6 ac
Current owner
From public records · entity-resolved
Hdz Real Estate LLC
Entity
Mailing address
1 FEDERAL ST FL #23, BOSTON, MA 02110-2031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2025
—
Hdz Real Estate LLC
Hdz Transportation Co
Deed
related
$157,107 · Atlantic Union Bank
Jun 30, 2022
$20,150,000
Stag Industrial Holdings LLC
Iron Mountain Information Managemen
Special Warranty Deed
—
Jul 21, 2017
$400,000
Hdz Transportation Co
Artisans Ptshp LLC
Warranty Deed
$260,000 · Union Bk&tr
Mar 6, 2012
—
Brandywide Distribution LLC
—
Deed Of Trust
related
$8,240,000 · Northwestern Mutual Life Ins
Mar 3, 2008
—
Corporex Plaza Brandywine II
Brandywine Corporex Plaza II L
Quit Claim Deed
related
—
May 18, 2007
—
Brandywine Distribution LLC
—
Deed Of Trust
related
$9,440,400 · Northwestern Mutual Life Ins
—
—
Brandywine Distribution LLC
—
Deed Of Trust
related
$8,240,000 · Northwestern Mutual Life Ins
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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