3504 Plank Rd Fredericksburg, VA 22407
- Commercial real estate
- 17,771 SF
- 0.90 lot acres
Current Use by Public Records
- Sharon Rivas, Bankers Life Agent / Insurance Agency
- David Haynes, Bankers Life Agent / Insurance Agency
- Chelsea Jones, Bankers Life Agent / Insurance Agency
- John Emory, Bankers Life Agent / Insurance Agency
- Francois Bondo, Bankers Life Agent / Insurance Agency
Property Details for 3504 Plank Rd
- Year built
- 2007
- Lot size
- 0.90 lot acres
- Property size
- 17,771 SF
- Zone code
- C2 - COMMERCIAL 2
- Property type
- Commercial real estate
- APN
- 13-A-112
- APU
- 13A112
Description
This exceptional three-story office building, constructed in 2007, offers a versatile workspace in a prime Fredericksburg, VA location. The property boasts a total of 17,771 square feet, with 2,550 square feet currently available for lease. The building features a single-tenant occupancy, ideal for a business seeking a dedicated and expansive space. The building's C-2 zoning provides flexibility for a variety of commercial uses. Situated on a 0.9-acre lot, the property provides ample parking and visibility. Modern amenities include elevators, ensuring convenient access to all three floors. The building's traditional office layout is complemented by the potential for executive office suites or coworking spaces, catering to diverse business needs. The address is 3504 Plank Rd, Fredericksburg, VA 22407. This property presents a unique opportunity for businesses seeking a well-maintained, strategically located office space in a thriving community. The building's size and layout offer significant potential for customization and expansion. The available 2,550 square feet provides immediate occupancy for a growing company or a business seeking to establish a strong presence in the Fredericksburg market. The property's location offers easy access to major transportation routes and a vibrant local economy.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,130,000
- 6.5%
- $2,890,000
- 7%
- $2,685,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,366,000
Market price range: $905k - $3.32M
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Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.5192
- Latitude
- 38.2932
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA