Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Retail space
268 Warrenton Rd Fredericksburg, VA 22405-1328
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0571339
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
FRAME
Total area
3,480 SF
Lot
0.78 ac (33,907 SF)
Zoning code
B1
APN
45G-1-1A
UPID
US87-0571339
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
Current use
Occupant on record · Public records
-
FAB Granite & Tile Building Supply Hardware & Home Improvement
-
Hydraulic Door Closer Manufacturers Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$986k
Blend (final)
Blend
$825k
Owner & transaction history
Fab Hms INC · 7 yrs held
Fab Hms INC
since 2018
7 recorded transactions
Zoning & alternative use
B1 · Fredericksburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+71.3%
Commercial (general)
$835,000
+7.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$775,000
Current use
AUTO REPAIR, GARAGE
$1,330,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$835,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$825k
Range $743k – $908k · ±10%
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
$237 / 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
$6,383
Tax year 2023
Assessed value
$719,600
Assessed 2024
Previous assessed
$675,500
+6.5% YoY
Effective rate
0.89%
On assessed value
Assessed land
$271,300
Assessed improvement
$448,300
Land market value
$271,300
Improvement market value
$448,300
Total market value
$719,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
BASEBOARD
Buildings
2
Stories
1
Rooms
4
Bathrooms
1
Total area
3,480 SF
Lot
0.78 ac (33,907 SF)
Zoning code
B1
APN
45G-1-1A
UPID
US87-0571339
Jurisdiction
STAFFORD
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
B1 · Fredericksburg, VA
Zoning B1 · permitted uses
B1 · 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
RETAIL STORES Current
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$835,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1980
Construction
FRAME
Heating
BASEBOARD
Stories
1
Buildings
2
Rooms
4
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Fab Hms INC
Entity
Free & Clear · 7 yrs held
Mailing address
6929 PNE CRST AVE, MC LEAN, VA 22101-3526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
—
Fab Homes INC
—
Deed
related
$310,000 · Atlantic Union Bank
Oct 26, 2018
—
Fab Hms INC
Fahmey Abdelatey
Grant Deed
related
—
Apr 9, 2010
$537,500
Fahmey Abdelatey
Battlefield Indl Park LLC
Grant Deed
$430,000 · Branch Banking & Trust Co
Jan 11, 2010
$425,000
Battlefield Indl Park LLC
Compass Properties INC
Grant Deed
—
Sep 28, 2007
$500,000
Compass Properties INC
H & E Services INC
Trustees Deed
—
May 5, 2006
$1,100,000
Young J Lee
Zotos,demetrios & Elani
Grant Deed
$1,050,000 · First Mariner Bank
—
—
Young J Lee
—
Deed Of Trust
related
$140,000 · Janice S Yang
—
—
Fahmey Abdelatey
—
Deed Of Trust
related
$374,085 · First Citizens Bk
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
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 268 Warrenton Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
