Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4500 Plank Rd, Unit 101 Fredericksburg, VA 22407-0120

    • Commercial real estate
    • 1,497 SF
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Feb 18, 2020
    $344,000
    Location Intelligence
    Property ID
    US87-1346981
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jean T. Koch DC / Chiropractor
    • Medi-Innovate Pharmacy / Pharmacy / Vitamin & Supplements Store
    • All Fur Pet Grooming / Pet Boarding Service / Pet Groomer
    • OneMain Financial / Loan Agency
    • D H Homes Inc / General Contractor

    Property Details for 4500 Plank Rd

    Property size
    1,497 SF
    Zone code
    C2 - COMMERCIAL 2
    Property type
    Commercial real estate
    APN
    23-21-101
    APU
    2321101

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $300,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $295,000
      Mixed-Use
      $300,000
      Hospitality
      $295,000
      Educational
      $305,000
      Residential Income
      $270,000
      Energy
      $360,000
      Income-Based Land
      $355,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.5379
    Latitude
    38.2883
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,487
    $0.00
    $451,800
    $451,800
    -
    $0.00
    $451,800
    $451,800

    Comparable in this City

    • Value Estimation by Request
      702 SF

      3516 Plank Rd, Unit 4A

      COMMERCIAL (GENERAL) • 702 SF
      3516 Plank Rd, Fredericksburg, VA 22407-6861
      View Details
    • Value Estimation by Request
      702 SF

      3516 Plank Rd, Unit 3B

      COMMERCIAL (GENERAL) • 702 SF
      3516 Plank Rd, Fredericksburg, VA 22407-6861
      View Details
    • Value Estimation by Request
      702 SF

      3516 Plank Rd, Unit 2A

      COMMERCIAL (GENERAL) • 702 SF
      3516 Plank Rd, Fredericksburg, VA 22407-6861
      View Details
    • Value Estimation by Request
      24,000 SF

      10333 Southpoint Lndg Blvd, Unit 3

      COMMERCIAL (GENERAL) • 24,000 SF
      10333 Southpoint Lndg Blvd, Fredericksburg, VA 22407-8042
      View Details
    • Value Estimation by Request
      4,280 SF

      1204 Bragg Rd

      COMMERCIAL (GENERAL) • 4,280 SF
      1204 Bragg Rd, Fredericksburg, VA 22407-4914
      View Details
    • Value Estimation by Request
      15,200 SF

      2601 Salem Church Rd

      COMMERCIAL (GENERAL) • 15,200 SF
      2601 Salem Church Rd, Fredericksburg, VA 22407-6759
      View Details

    Similar Nearby for Sale

    • $1,265,000
      1.50 Acres

      Fredericksburg Land: 1.5 Acres

      Prime 1.5-acre vacant lot in Fredericksburg, VA.
      11920 Kennedy Ln, Fredericksburg, VA 22407
      View Details
    • $899,000
      1.86 Acres

      Leavells Road Commercial Land

      1.86 Acres, C1/C2 Zoning, High Traffic
      11011 Leavells Rd, Fredericksburg, VA 22407
      View Details
    • $1,995,000

      Prime Fredericksburg Commercial Land

      5.79 Acres, C-2 Zoning, High Visibility
      6532 Wrights Ln, Fredericksburg, VA 22407
      View Details
    • $7,800,000
      7.80 Acres

      Fredericksburg Commercial Land - 7.8 Acres

      Prime Commercial Land, Route 1 Frontage, High Traffic
      0 Commonwealth Dr & Patriot Hwy, Fredericksburg, VA 22407
      View Details
    • $950,000
      1.30 Acres

      Bragg Road Commercial Land Parcel

      1.3-acre C2 zoned lot, prime Fredericksburg location.
      - Parcel 13-A-74 Bragg Rd & Riv Rd, Fredericksburg, VA 22407
      View Details
    • $950,000
      1.00 Acre

      Cosner's Corner: Prime Commercial Land

      Fredericksburg, VA: 1-acre C-3 zoned lot.
      Outparcel Cor, Fredericksburg, VA 22407
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Plank Road Office Space - Fredericksburg

      1,200 sq ft Office, Multiple Tenants
      3920 Plank Rd, Fredericksburg, VA 22407
      View Details
    • $19 SF/Yr
      19,462 SF

      Office Suite on Plank Road

      Office suite for lease in Chancellor Executive Center.
      4343 Plank Rd, Fredericksburg, VA 22407
      View Details
    • Contact for pricing
      5,000 SF

      Restaurant Pad Site Available

      Pad site for restaurant with drive-thru and abundant parking.
      4801 Southpoint Pkwy, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      Retail Spaces on Plank Road

      Retail spaces for lease in Fredericksburg's Rt. 3 corridor.
      3501-3655 Plank Rd, Fredericksburg, VA 22407
      View Details
    • $27 SF/Yr
      2,361 SF

      Move-in Ready Medical Space

      Medical space available for rent near major routes.
      1071 Care Way, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      Commercial Land on Salem Church

      Land with frontage on a major commuter road.
      2301 Salem Church Rd, Fredericksburg, VA 22407
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4500 Plank Rd, Unit 101
    Fredericksburg, VA 22407-0120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.