Financial
Distress signals
Property profile

415 Wolfe St 101 Fredericksburg, VA 22401

FOR LEASE
Other commercial real estate
Property ID
US87-0676054
17,098 SF 0.46 ac lot Built 1949
Last sale Sep 2024 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A renovated professional office building located in the Historic District of Downtown Fredericksburg at the corner of Wolfe Street and Prince Edward, with approximately 5,000 square feet of space and configured to support executive office suites, co-working arrangements, and conference/meeting use. The building includes private offices with key-coded, lockable doors, as well as shared common areas such as a reception area, a Gallery Hall showcasing local artists, and multiple-stall restrooms,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value$1.86M
Assessed land$607k
Assessed improvement$1.26M
Effective rate0.89%

Value estimate

· Sep 2026
$2.24M
$2.01M – $2.46M
Submarket $/SF estimate$2.80M
NOI build-up
Gross scheduled income$149k
Vacancy & credit loss−$14k
Operating expenses−$34k
NOI · 482,309.52% cap applied$101k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$241/SF
ZIP average, outlier-cleaned · 183 recorded sales of this use type
Observed band · Q1–Q3$144 – $373
Qualifying comparables3

Cap rate analysis

How does the asset earn?
482,309.52%
$101k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CD
The Commercial Downtown CD District is established to promote harmonious development, redevelopment, and rehabilitation of uses in the co...
General categoryCOMMERCIAL
JurisdictionFREDERICKSBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility8.7
Computer & Electronic Repair8.2
Electrical Service8.1

Location

415 Wolfe St, Unit 101 Fredericksburg, VA 22401
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
451 Central, Fredericksburg, VA 22401-7097 $200,000 Dec 2025 16,076 SF
701 Kenmore, Fredericksburg, VA 22401-5737 $3,750,000 Dec 2025 25,760 SF
3447 Fall Hl, Fredericksburg, VA 22401-4929 $2,300,000 May 2025 13,600 SF
200 Central, Fredericksburg, VA 22401 $3,515,000 May 2025 10,600 SF
1031 Care, Fredericksburg, VA 22401-8425 $6,700,000 Apr 2025 20,568 SF
130 Executive Ctr, Fredericksburg, VA 22401-3100 $3,200,000 Mar 2025 14,488 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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