Technical
Financial
Distress signals
Property profile

321 Cambridge St Fredericksburg, VA 22405

OFF-MARKET
Other office properties
Property ID
US87-1016752
1,440 SF 2 ac lot Built 2006
Individually Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This masonry business site includes a mixed-use structure with office and warehouse/storage components on a total area of approximately two acres. The main office near the road is arranged with multiple rooms, a conference area, a kitchen, and a full bathroom, and there is an upstairs area with a bedroom, full bathroom, and closet. The rear portion includes a garage/work area served by roughly 15 to 20 roll-up doors and provides approximately 1,440 SF for warehouse or storage use; the site has also supported outdoor building-material storage. The property is zoned B-2 General Commercial and has public water and sewer services. Parking is provided via a large gravel area with grass growth through it, and vehicular access is configured as Right in, Right out (RIRO), which limits left turns and affects southbound visibility, while on-site areas allow trucks and fleet vehicles to turn around. Portions of the building have historically been vacant, and there is an older, unconstructed preliminary concept for a potential retail-oriented arrangement that would involve a site plan and relocating the entrance farther north to improve visibility from both directions.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 2006
Construction TYPE NOT SPECIFIED
Total area 1,440 SF
Lot 2 ac (87,081 SF)
Zoning code B2- URBAN COMM
APN 45-185
UPID US87-1016752

Cap rate & NOI

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

Location

321 Cambridge St Fredericksburg, VA 22405-1454
Fredericksburg metro Census 10304 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

B2- URBAN COMM · Fredericksburg, VA

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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