105 Cambridge StFredericksburg, VA 22405

Property Details for 105 Cambridge St

Year built

1980

Construction

TYPE NOT SPECIFIED

Lot size

0.19 AC

Property size (Sq ft)

5,410 SF

Zone code

B2- URBAN COMM

Property type

Auto shops

APN

53D-1-102

APU

53D1102

Description

This exceptional 5,350 square foot industrial building in Fredericksburg, VA, is ideally suited for auto repair or body work businesses. The property features a 10-car garage with four oversized garage doors, a permitted spray booth, and freshly paved asphalt surrounding the building. Recent renovations include the replacement of all windows and doors. A significant advantage is the inclusion of a 12,000 square foot parking lot directly across the street, providing ample space for customer parking and vehicle storage. The building's prime location and comprehensive features create a turnkey operation for automotive-related businesses. The property is offered for sale at $875,000. A lease option is also available at $6,000 per month. This is a rare opportunity to acquire a well-maintained, ready-to-use industrial space with significant parking. The property's 0.19-acre lot and convenient location make it an attractive investment. The building's features, including the permitted spray booth and ample parking, are ideal for a variety of automotive-related businesses. Don't miss this chance to own a thriving business location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,677,677

  6.5%

  $1,548,625

  7%

  $1,438,009

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,276,881

  Geo Method

  $2,276,881

• Alternative Use

  Use

  Valuation

  Residential

  $1,306,323

  Hospitality

  $1,196,585

  Educational

  $995,545

  Medical

  $1,029,783

  Retail

  $1,548,625

Location Insight

City

Fredericksburg

County

Stafford

State

Virginia

Latitude

38.3228

Longitude

-77.47

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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