4500 Plank RdFredericksburg, VA 22407

  • Other commercial real estate
  • 0.68 AC
For Lease
$15/SF/YR View listing

Property Details for 4500 Plank Rd

Lot size
0.68 AC
Zone code
C2 - COMMERCIAL 2
Property type
Other commercial real estate
APN
23-21-F4
APU
2321F4

Description

This exceptional 3,085 square foot street-level condo, situated at 4500 Plank Rd in Fredericksburg, VA 22407, presents a remarkable opportunity for businesses seeking high visibility and accessibility. Built in 2013 and renovated in 2018, this Class B property boasts a single-tenant occupancy and offers a spacious layout with a 12-foot ceiling height. The convenient location directly on Route 3 (Plank Road) ensures significant exposure to the 65,000 vehicles passing daily. Ample parking is provided with 30 spaces available for customers and employees. This property is part of a small plaza with existing tenants, offering a synergistic environment. The space includes approximately 2,500 square feet of primary retail space plus additional storage area. The strategic location near a signalized intersection and across from a Wawa further enhances its appeal. Furthermore, pylon and façade signage opportunities are available to maximize brand visibility. Property taxes are $0 per square foot. This is a turnkey solution for a variety of retail, office, or restaurant uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,224,620
    Hospitality
    $6,617,713
    Educational
    $5,505,860
    Medical
    $5,695,214
    Retail
    $8,564,670
4500 Plank Rd, Fredericksburg, Virginia

Location Insight

City
Fredericksburg
County
Spotsylvania
State
Virginia
Latitude
38.2888
Longitude
-77.5373
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
-
-
-
-
-
-

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