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    226 Cambridge St Fredericksburg, VA 22405
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    Property profile & analytics

    226 Cambridge St Fredericksburg, VA 22405

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    • Parking lots & garages
    For Sale
    $3,300,000
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    9 Acres Car Lots For Sale
    $3,300,000

    9 Acres Car Lots

    Two car lots with residential units near downtown Fredericksburg.

    226 Cambridge Street, Fredericksburg, VA 22405
    View Listing
    Property ID
    US87-3927379
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pro Auto Select Inc. / Car Dealership
    • A&J Auto Sales / Car Dealership

    Property Details for 226 Cambridge St

    Property type
    Parking lots & garages
    Property subtype
    Car washes

    Description

    Located on Rt 1 just 3/4 of a mile from Downtown Fredericksburg Excellent Frontage on Rt 1 Great Car Lot Location Park over 35 cars Zoned for Car Sales Just 3/4 mile to Downtown Fredericksburg Only 15 minutes to Manheim Auto Auction

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.4644611
    Latitude
    38.3309552

    Comparable in this City

    • Contact for pricing
      3,000 SF

      Grocery Anchored Retail Space Available

      Retail space and pad sites available in Stafford County.
      35 Town And Country Dr, Fredericksburg, VA 22405
      View Details
    • Contact for pricing

      Flexible Commercial Space Near I-95

      Adaptable office and service space with excellent highway access.
      41 Rv Pkwy, Fredericksburg, VA 22405
      View Details
    • $5,500 /Mo

      Flexible Commercial Space Near I-95

      Adaptable office and service bays near major routes for lease.
      41 Rv Pkwy, Fredericksburg, VA 22405
      View Details
    • $18 SF/Yr
      1,260 SF

      Retail Space in Shopping Center

      Neighborhood shopping center with ample parking near downtown Fredericksburg.
      201-207 Kings Hwy, Fredericksburg, VA 22405
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Space

      Highly visible shopping center in a growing, wealthy county.
      282 Deacon Rd, Fredericksburg, VA 22405
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      9 Acres Car Lots

      Two car lots with residential units near downtown Fredericksburg.
      226 Cambridge St, Fredericksburg, VA 22405
      View Details
    • $1,500,000

      Commercial Land with Retail Orientation

      Land with excellent frontage and development potential in Fredericksburg.
      778 Cambridge St, Fredericksburg, VA 22405
      View Details
    • $800,000
      5,090 SF

      Retail/Office Space with Garage

      Retail or office space with detached garage in Fredericksburg.
      471 Chatham Heights Rd, Fredericksburg, VA 22405
      View Details
    • $1,200,850

      Historic Colonial Building on Route

      Unique commercial property with high visibility and historical significance.
      77 Cambridge St, Fredericksburg, VA 22405
      View Details
    • Contact for pricing
      13,291 SF

      Fredericksburg CVS Pharmacy Investment Opportunity

      NNN leased CVS in Fredericksburg, VA with drive-thru.
      1511 Jefferson Davis Hwy, Fredericksburg, VA 22405
      View Details
    • Contact for pricing
      24,675 SF

      Stafford Land for Sale/Lease

      Multiple lots available in Stafford for sale or ground lease.
      Richmond Hwy, Stafford, VA 22405
      View Details

    Similar Nearby for Lease

    • $5,500 /Mo

      Flexible Commercial Space Near I-95

      Adaptable office and service bays near major routes for lease.
      41 Rv Pkwy, Fredericksburg, VA 22405
      View Details
    • Contact for pricing
      3,000 SF

      Grocery Anchored Retail Space Available

      Retail space and pad sites available in Stafford County.
      35 Town And Country Dr, Fredericksburg, VA 22405
      View Details
    • Contact for pricing

      Flexible Commercial Space Near I-95

      Adaptable office and service space with excellent highway access.
      41 Rv Pkwy, Fredericksburg, VA 22405
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail spaces available for lease.
      201 Kings Hwy, Fredericksburg, VA 22405
      View Details
    • Contact for pricing
      988 SF

      Retail Space on Chatham Heights

      Retail space with superior signage and visibility in Stafford County.
      430 Chatham Heights Rd, Fredericksburg, VA 22405
      View Details
    View Listing
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    226 Cambridge St
    Fredericksburg, VA 22405
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    226 Cambridge St, Fredericksburg, VA, 22405
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