3500 Plank Rd Fredericksburg, VA 22407
- Commercial real estate
- 7,162 SF
- 1.26 lot acres
Current Use by Public Records
- Nails Galaxy / Nail Salon / Beauty Salon
- Discount Appliances / Appliance Store / Used Appliance Store
- Dragonfly Club Lodge 02 / Social Club
- Sierra International Market / Store
- Peace and Love Beauty Supply,Braiding LLC / Beauty Supply Store
Property Details for 3500 Plank Rd
- Year built
- 1987
- Lot size
- 1.26 lot acres
- Property size
- 7,162 SF
- Zone code
- C2 - COMMERCIAL 2
- Property type
- Commercial real estate
- APN
- 13-A-111
- APU
- 13A111
Description
This exceptional retail opportunity presents a 1,755 square foot end-cap unit situated at 3500 Plank Road in Fredericksburg, Virginia. The property boasts high visibility due to its prime frontage on Plank Road (Route 3), ensuring significant foot and vehicle traffic. This location offers unparalleled convenience, being less than one mile from Interstate 95, providing easy access for customers and employees. The property is strategically located near the bustling Spotsylvania Towne Center and Central Park, benefiting from the high density of residential and commercial activity in the immediate vicinity. The building itself comprises two single-story structures, totaling 7,162 square feet and encompassing twelve individual suites. Built in 1987, the property is well-maintained and offers a versatile space suitable for a variety of retail or office uses. The available space is an end-cap unit, providing excellent signage opportunities and increased visibility. The property's APN is 13-A-111, located in Spotsylvania County, Virginia, zip code 22407. This is a rare chance to secure a well-positioned retail space in a thriving commercial area. The property's multiple tenancy structure provides a diverse and vibrant environment. Don't miss this opportunity to establish your business in a high-traffic, easily accessible location with strong potential for growth. The property offers a blend of convenience, visibility, and proximity to key amenities, making it an ideal investment for discerning businesses.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $720,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,260,000
- 6.5%
- $1,165,000
- 7%
- $1,080,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,337,000
Market price range: $365k - $1.34M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.5188
- Latitude
- 38.2932
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA