Property profile

766 Warrenton Rd Fredericksburg, VA 22406

OFF-MARKET
Drive through restaurants
Property ID
US87-0778854
2,568 SF 1.01 ac lot Built 1996
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 2,376-square-foot, free-standing quick service restaurant building, historically used as a McDonald’s, situated on 1.04 acres. The site includes a drive-thru and provides 35 parking spaces. It is zoned B-2 (Urban Commercial). The building and site front Route 17/Warrenton Road along a major retail corridor and feature signage and street frontage. Vehicle access is provided with ingress and egress from both the front and rear of the property, and the surrounding area includes national and regional retail and quick service restaurant tenants such as Lowe’s, Target, Walmart, Wendy’s, Burger King, Bojangles, Starbucks, and Chick-fil-A.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1996
Construction TYPE NOT SPECIFIED
Total area 2,568 SF
Lot 1.01 ac (44,091 SF)
Zoning code B2- URBAN COMM
APN 44-121E
UPID US87-0778854

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

766 Warrenton Rd Fredericksburg, VA 22406-1032
Fredericksburg metro Census 10304 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$930k

Owner & transaction history

since 2023
Last sale
$950,000
2 recorded transactions
2023
$950,000
2022
$650,000

Zoning & alternative use

B2- URBAN COMM · Fredericksburg, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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