Property profile

312 Progress St Fredericksburg, VA 22401

OFF-MARKET
Office Spaces
Property ID
US87-0264749
4,500 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,500 square foot office building, located at 312 Progress Street in Fredericksburg, Virginia (zip code 22401), presents a fantastic opportunity. Currently, 1,500 square feet of space is available for lease within this multi-tenant building. The property boasts a desirable three-story design, offering ample room for a variety of professional uses. The building is zoned C7, providing flexibility for a range of businesses. Situated in the thriving Fredericksburg City submarket, this location offers excellent visibility and accessibility. The available space is ideal for businesses seeking a well-maintained and conveniently located office environment. The building's total square footage is 4,500 square feet, spread across three floors. This presents a unique opportunity to establish a presence in a vibrant and growing area of Fredericksburg. The property's address is easily accessible and benefits from its location within the Fredericksburg City submarket. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure office space in a highly sought-after location.

Property profile

Verified
Property type Office Spaces
Total area 4,500 SF
UPID US87-0264749

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

312 Progress St Fredericksburg, VA 22401
Fredericksburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

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
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 312 Progress St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message