Individually Owned Property summary
This exceptional Fredericksburg, VA investment opportunity encompasses a fully leased 6,008-square-foot office/flex building situated on a one-acre lot, plus an adjacent 0.98-acre industrial parcel zoned I-1. The building, currently leased to Rappahannock Electric Cooperative (REC), a major utility serving nearly 179,000 connections across 22 Virginia counties, boasts a two-year lease expiring January 31, 2027, with a 3% annual rent increase. The building itself features six offices, a… conference room, a 17' x 24.5' bull pen area, a lunch room, and a substantial 660-square-foot storage room. Ample parking is provided with 42 paved spaces. The property's location at 216 Industrial Court, Fredericksburg, VA 22408, offers excellent access and visibility. The combination of a strong, established tenant with a long-term lease and the added potential of the adjacent developable land presents a compelling investment opportunity with significant return potential. The asking price for this turnkey property is $1,750,000. This is a rare chance to acquire a well-maintained, income-producing asset in a thriving market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,008 SF
- Lot area
- 1 ac
- Year built
- 1983
- APN
- 23G-1-10
- Zoning
- I1 - INDUSTRIAL 1
- Assessed value · 2023
- $549,500
- Annual tax · 2023
- $4,240
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Everything in the Light report
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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