Property profile

29 Commerce Pkwy Fredericksburg, VA 22406

OFF-MARKET
Warehouses
Property ID
US87-0754178
5,000 SF 2.94 ac lot Built 2000
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2000
Total area 5,000 SF
Lot 2.94 ac (128,188 SF)
Zoning code M2- HEAVY INDUST
APN 44N-2-11A
UPID US87-0754178

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29 Commerce Pkwy Fredericksburg, VA 22406
Fredericksburg metro Census 10307 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$865k
Comparable Approach Comparable
$820k
Blend (final) Blend
$830k

Owner & transaction history

since 2004
1 recorded transaction
2004
$2.3M

Zoning & alternative use

M2- HEAVY INDUST · Fredericksburg, VA
Top alternative use upside
Commercial (general) $1.2M +85.8%
Retail stores $1.1M +72.8%

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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