Technical
Financial
Distress signals
Property profile

2045 Warrenton Rd Fredericksburg, VA 22406

OFF-MARKET
Retail space
Property ID
US87-0630504
1,200 SF 1.09 ac lot Built 1972
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 1,200 square foot property at 2045 Warrenton Road, Fredericksburg, VA, presents a unique investment opportunity. Situated on a 1.09-acre lot, it boasts over 2000 feet of frontage on a major four-lane highway connecting Route 17 to I-95, ensuring high visibility and accessibility. The property's history includes operation as a successful deli, grocery, and gas station, though the grandfather permit has expired. Currently zoned A-2 Agriculture/Residential, the permitted uses include a wide range of options, from residential dwellings (single-family and accessory) to agricultural pursuits, equestrian uses, and various small businesses. Conditional use permits and special exceptions allow for a broader scope of potential developments, including recreational enterprises, lodges, and certain commercial uses. Prospective buyers should contact Stafford County to explore zoning changes and development possibilities, given the property's location on a major highway. The county previously indicated the potential for constructing an additional dwelling unit on the property (refer to aerial views for details). The asking price reflects the current zoning limitations. The property is sold "AS IS," and buyers are encouraged to conduct thorough due diligence regarding any applicable restrictions or regulations.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 1,200 SF
Lot 1.09 ac (47,476 SF)
Zoning code A2- RURAL RES
APN 35-9A
UPID US87-0630504

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
  • Department Store

Location

2045 Warrenton Rd Fredericksburg, VA 22406-4828
Fredericksburg metro Census 10308 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2023
Last sale
$270,000
2 recorded transactions
2023
$270,000
1969
Price N/A

Zoning & alternative use

A2- RURAL RES · 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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