3920 Plank Rd Fredericksburg, VA 22407
- Commercial real estate
- 8,652 SF
- 0.70 lot acres
Current Use by Public Records
- Visiting Nurse Services LLC / Home Health Care Service
- Jennifer Sipos - Realtor / Real Estate Agency
- Guasp Realty Team / Real Estate Agency
- Career Based Solutions, LLC / Training Center
- Angelina Servais | At Your Service Realty / Real Estate Agency
Property Details for 3920 Plank Rd
- Lot size
- 0.70 lot acres
- Property size
- 8,652 SF
- Zone code
- C2 - COMMERCIAL 2
- Property type
- Commercial real estate
- APN
- 23-22-3
- APU
- 23223
Description
This exceptional commercial property, situated at 3920 Plank Road, Suite 100, offers a versatile 1,200 square foot office space ideal for multiple tenants. The property is classified as both office and land, presenting a unique opportunity for businesses seeking a flexible workspace. Located in Fredericksburg City, this single-suite building provides ample space for various business needs. The convenient location within Fredericksburg City ensures easy access to local amenities and transportation networks. The property's classification as "Office, Land" suggests potential for expansion or future development, making it an attractive investment for long-term growth. With a total of 1,200 square feet, the space is adaptable to a variety of configurations to suit different business requirements. The multiple tenancy option allows for shared occupancy, reducing individual costs and fostering a collaborative environment. This property presents a compelling opportunity for businesses seeking a well-located, adaptable, and cost-effective office space in the thriving Fredericksburg City area. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is conveniently located in Fredericksburg City, offering easy access to local amenities and transportation. The single-suite building provides a cohesive and efficient workspace. This is a prime opportunity for businesses seeking a flexible and well-situated office space in a desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,525,000
- 6.5%
- $1,410,000
- 7%
- $1,305,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $625,000
Market price range: $441k - $1.62M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.5262
- Latitude
- 38.2901
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA