282 Deacon RdFredericksburg, VA 22405

Property Details for 282 Deacon Rd

Year built

1986

Construction

TYPE NOT SPECIFIED

Lot size

5.85 AC

Property size (Sq ft)

5,100 SF

Zone code

B2- URBAN COMM

Property type

Retail space

APN

54-121C

APU

54121C

Description

Woodlawn Village Shopping Center presents a prime retail opportunity in the thriving Fredericksburg, VA market. Located at 282 Deacon Rd, this multi-tenant shopping center boasts high visibility with 16,000 vehicles passing daily. The center features a strong mix of national and regional retailers, ensuring a robust customer base. Currently, there is 10,500 square feet of vacant space available, with individual units ranging from 1,600 to 2,982 square feet, providing flexibility for various business needs. Its strategic location offers easy access to Route 218 and Route 1, maximizing exposure and convenience for customers. Situated in South Stafford's main population hub, this property benefits from being in one of the nation's fastest-growing and wealthiest counties. The grocery-anchored center provides a stable and attractive environment for new tenants. This is an exceptional chance to establish a business in a high-traffic, well-established shopping center within a dynamic and affluent community. The property is located in Stafford County, Virginia, zip code 22405. This retail space offers significant potential for growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $1,581,544

  6.5%

  $1,459,887

  7%

  $1,355,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,146,412

  Geo Method

  $2,146,412

• Alternative Use

  Use

  Valuation

  Residential

  $1,231,469

  Hospitality

  $1,128,019

  Educational

  $938,499

  Medical

  $970,775

  Retail

  $1,459,887

Location Insight

City

Fredericksburg

County

Stafford

State

Virginia

Latitude

38.3272

Longitude

-77.4385

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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