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Property profile & analytics

282 Deacon Rd Fredericksburg, VA 22405

  • Retail space
  • 5,100 SF
  • 5.85 lot acres
For Lease
Last Sale
Jul 11, 2022
$4,000,000
Value Estimations
$4,040,000
Cap Rate Potential
4.2%
Retail space
Location Intelligence
Property ID
US87-0663163
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.

Current Use by Public Records

  • Fortune House Chinese Rst / Chinese Restaurant
  • Family Nails Care and Spa / Nail Salon / Spa
  • Soon Barber Shop / Barber Shop
  • KG Cleaners / Laundry Service
  • Little Caesars Pizza / Pizza Restaurant / Fast Food Restaurant

Property Details for 282 Deacon Rd

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
5.85 lot acres
Property size
5,100 SF
Zone code
B2- URBAN COMM
Property type
Retail space
APN
54-121C
APU
54121C

Description

Woodlawn Village Shopping Center presents a prime retail opportunity in the thriving Fredericksburg, VA market. Located at 282 Deacon Rd, this multi-tenant shopping center boasts high visibility with 16,000 vehicles passing daily. The center features a strong mix of national and regional retailers, ensuring a robust customer base. Currently, there is 10,500 square feet of vacant space available, with individual units ranging from 1,600 to 2,982 square feet, providing flexibility for various business needs. Its strategic location offers easy access to Route 218 and Route 1, maximizing exposure and convenience for customers. Situated in South Stafford's main population hub, this property benefits from being in one of the nation's fastest-growing and wealthiest counties. The grocery-anchored center provides a stable and attractive environment for new tenants. This is an exceptional chance to establish a business in a high-traffic, well-established shopping center within a dynamic and affluent community. The property is located in Stafford County, Virginia, zip code 22405. This retail space offers significant potential for growth and success.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $4,100,000
    ML approach
    $4,650,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,845,000
    6.5%
    $2,625,000
    7%
    $2,435,000

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


Location Insight

  • Map
  • Local Demand
City
Fredericksburg
County
Stafford
State
Virginia
Longitude
-77.4385
Latitude
38.3272
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,902
$1,018,900
$3,922,600
$4,941,500
-
$1,018,900
$3,922,600
$4,941,500
More about this property
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