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Property profile

702 Princess Anne St Fredericksburg, VA 22401

OFF-MARKET
Commercial real estate
Property ID
US87-0275876
2,126 SF 0.09 ac lot Built 1889
Last sale Aug 2025 · $805,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,126 square foot office building, situated on a 0.09-acre lot at 702 Princess Anne Street in Fredericksburg, Virginia, presents a unique investment opportunity. Its enviable location directly across from the courthouse ensures high visibility and accessibility. The property's classic architectural details are complemented by modern functionality, creating a sophisticated and inviting workspace. The layout includes a welcoming entryway and reception area, five individual…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$495k
Assessed land$218k
Assessed improvement$277k
Effective rate0.89%

Value estimate

· Oct 2026
$265k
$239k – $292k
CAP approach$570k
Submarket $/SF estimate$743k

Realmo valuation models over county records and 9 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 comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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
Electrical Service8.1
Dry Cleaner8.0

Location

702 Princess Anne St Fredericksburg, VA 22401-5917
County assessor Recorded deeds · 4 transfers 9 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
411 Park Hl Drb, Fredericksburg, VA 22401-3376 $1,200,000 Jan 2026 2,500 SF
1613 Dixon, Fredericksburg, VA 22401-7300 $800,000 Apr 2025 2,652 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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