5755 /B Courthouse Rd Spotsylvania, VA 22551
- Commercial real estate
- 1,344 SF
- 1.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5755 /B Courthouse Rd
- Lot size
- 1.21 lot acres
- Property size
- 1,344 SF
- Zone code
- A3 - AGRICULTURAL 3
- Property type
- Commercial real estate
- APN
- 70-A-79C
- APU
- 70A79C
Description
This exceptional 1,300-square-foot office building, situated on a 1.2-acre lot in Spotsylvania County, presents a remarkable commercial opportunity. Built in 1986 and extensively renovated in 2021, the property boasts two buildings: a main 1,246-square-foot office space and a separate garage/shop exceeding 1,225 square feet. The main building features six rooms, a spacious reception area with a granite-topped counter, a full bath, and a kitchen complete with granite countertops, stainless steel appliances, and a stackable washer/dryer. High-quality finishes include gleaming LVP flooring, commercial-grade carpet in offices, and LED lighting throughout. The HVAC system (Carrier, less than three years old) and 50-gallon hot water heater are both new. The garage/shop offers ample space with two large roll-up doors, a walk-through door, insulated walls, coated floors, high-bay LED lighting, and a 5-ton/20-SEER heat pump. An ice machine is included. The property also includes a customizable 4x8-foot sign, a circular driveway, dedicated gravel parking for approximately 10 vehicles, and a fenced backyard. Conveniently located near Lake Anna, Spotsylvania Courthouse, I-95, and Fredericksburg, this property offers unparalleled accessibility and visibility. The property is zoned A-2. Low property taxes of $1 per square foot.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $420,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $330,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $280,000
- Mixed-Use
- $300,000
- Hospitality
- $290,000
- Educational
- $295,000
- Residential Income
- $305,000
- Energy
- $350,000
- Income-Based Land
- $310,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Spotsylvania
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.7597
- Latitude
- 38.1172
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA