4510 Plank RdFredericksburg, VA 22407

Property Details for 4510 Plank Rd

Lot size

1.57 AC

Property size (Sq ft)

9,339 SF

Zone code

C2 - COMMERCIAL 2

Property type

Other commercial real estate

APN

23-13-F3

APU

2313F3

Description

This exceptional two-story, 17,520 square foot medical office building is situated on a 0.9-acre lot at 4510 Plank Road in Fredericksburg, Virginia, zip code 22407. The property, formerly a Strayer University building, boasts a highly desirable C2 zoning and offers ample parking with 61 spaces. The building features a multi-tenant configuration, ideal for a variety of medical or educational uses. The upper floor is currently configured as medical and general office space, while the lower level includes classrooms and a kitchen, making it suitable for training programs or educational institutions. Located on one of Fredericksburg's busiest corridors, with a daily traffic count of 53,000 vehicles, this property benefits from excellent visibility and signage opportunities. Its proximity to I-95 Exit 130B (just two miles away) ensures easy access and high traffic flow. The asking price is $2,650,000, representing a price per square foot of $151.26, significantly below replacement cost. This presents a compelling investment opportunity in a thriving market.

• Alternative Use

  Use

  Valuation

  Residential

  $2,277,798

  Hospitality

  $2,086,450

  Educational

  $1,735,902

  Medical

  $1,795,602

  Retail

  $2,700,292

Location Insight

City

Fredericksburg

County

Spotsylvania

State

Virginia

Latitude

38.2877

Longitude

-77.5375

CBSA code

47900

CBSA name

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

Property Tax & Assessments

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