3500 Plank RdFredericksburg, VA 22407

  • Other commercial real estate
  • 7,162 SF
For Lease
$25/SF/YR View listing

Property Details for 3500 Plank Rd

Year built
1987
Lot size
1.26 AC
Property size (Sq ft)
7,162 SF
Zone code
C2 - COMMERCIAL 2
Property type
Other commercial real estate
APN
13-A-111
APU
13A111

Description

This exceptional retail opportunity presents a 1,755 square foot end-cap unit situated at 3500 Plank Road in Fredericksburg, Virginia. The property boasts high visibility due to its prime frontage on Plank Road (Route 3), ensuring significant foot and vehicle traffic. This location offers unparalleled convenience, being less than one mile from Interstate 95, providing easy access for customers and employees. The property is strategically located near the bustling Spotsylvania Towne Center and Central Park, benefiting from the high density of residential and commercial activity in the immediate vicinity. The building itself comprises two single-story structures, totaling 7,162 square feet and encompassing twelve individual suites. Built in 1987, the property is well-maintained and offers a versatile space suitable for a variety of retail or office uses. The available space is an end-cap unit, providing excellent signage opportunities and increased visibility. The property's APN is 13-A-111, located in Spotsylvania County, Virginia, zip code 22407. This is a rare chance to secure a well-positioned retail space in a thriving commercial area. The property's multiple tenancy structure provides a diverse and vibrant environment. Don't miss this opportunity to establish your business in a high-traffic, easily accessible location with strong potential for growth. The property offers a blend of convenience, visibility, and proximity to key amenities, making it an ideal investment for discerning businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,729,369
    Hospitality
    $1,584,093
    Educational
    $1,317,946
    Medical
    $1,363,273
    Retail
    $2,050,139
3500 Plank Rd, Fredericksburg, Virginia

Location Insight

City
Fredericksburg
County
Spotsylvania
State
Virginia
Latitude
38.2932
Longitude
-77.5188
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
$31,441
$1,276,100
$2,798,200
$4,074,300
-
$1,276,100
$2,798,200
$4,074,300

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