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    8401 River Rd Fredericksburg, VA 22407

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    8401 River Rd Fredericksburg, VA 22407

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    • Commercial real estate
    • 78.00 lot acres
    Off-Market
    Property ID
    US87-0830800
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 8401 River Rd

    Lot size
    78.00 lot acres
    Property type
    Commercial real estate
    APN
    11-A-13 and 10C-1-1

    Description

    This exceptional 78-acre property, located at 8401 and 8417 River Road in Fredericksburg, Virginia (zip code 22407), presents a remarkable development opportunity. The land, encompassing APN 11-A-13 and 10C-1-1, is zoned RU and offers the potential for creating a beautiful estate lot subdivision. The relatively flat terrain is characterized by mature hardwoods, providing secluded wooded lots while maintaining proximity to amenities. Situated just eight miles from excellent shopping, dining, and Interstate 95 (exit 130), this location offers both seclusion and convenience. The property's zoning allows for the creation of nine clustered lots, minimizing site work and preserving significant forested areas, or nine to ten larger, more private estate lots. The seller will retain a portion of land surrounding an existing homesite. This prime location is near the Chancellorsville Battlefield, Visitor Center, and other historic landmarks, adding to its unique appeal. The asking price for this significant development parcel is $1,500,000. This represents a tremendous opportunity for residential development in a highly desirable area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.629006
    Latitude
    38.30794

    Comparable in this City

    • $550,000
      Pending

      One Acre Lot on Patriot Highway

      One-acre lot with frontage on Patriot Highway, rezoning potential.
      8230 Patriot Hwy, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      Undeveloped Land West of Fredericksburg

      50 +/- acres suitable for data center or renewable energy.
      11120 Gordon Rd, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      5.79 Acres C-2 Land

      5.79 acres of commercially zoned land available for sale.
      6532 Wrights Ln, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      Development Opportunity on Route 1

      Commercial land with frontage on Route 1 near Cosner’s Corner.
      Commonwealth Dr & Patriot Hwy, Fredericksburg, VA 22407
      View Details
    • $249,900

      Commercial Lot Near VA Hospital

      Commercial land zoned C-2, located near new VA Hospital.
      20 Hood Dr, Fredericksburg, VA 22407
      View Details

    Similar Nearby for Sale

    • $550,000
      Pending

      One Acre Lot on Patriot Highway

      One-acre lot with frontage on Patriot Highway, rezoning potential.
      8230 Patriot Hwy, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      Undeveloped Land West of Fredericksburg

      50 +/- acres suitable for data center or renewable energy.
      11120 Gordon Rd, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      5.79 Acres C-2 Land

      5.79 acres of commercially zoned land available for sale.
      6532 Wrights Ln, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      Development Opportunity on Route 1

      Commercial land with frontage on Route 1 near Cosner’s Corner.
      Commonwealth Dr & Patriot Hwy, Fredericksburg, VA 22407
      View Details
    • $249,900

      Commercial Lot Near VA Hospital

      Commercial land zoned C-2, located near new VA Hospital.
      20 Hood Dr, Fredericksburg, VA 22407
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land for Rent in Fredericksburg

      Land available for rent in Spotsylvania County, Fredericksburg.
      10702 Courthouse Rd, Fredericksburg, VA 22407
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease in Fredericksburg, Virginia.
      9683 Patriot Hwy, 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
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    8401 River Rd
    Fredericksburg, VA 22407
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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