100 Riverside PkwyFredericksburg, VA 22406

Property Details for 100 Riverside Pkwy

Year built

1990

Lot size

8.53 AC

Property size (Sq ft)

110,045 SF

Zone code

M1

Property type

Office properties

Property subtype

Other office properties

APN

45-37N

APU

4537N

Description

This exceptional commercial property, located at 100 Riverside Parkway in Fredericksburg, Virginia, 22406, offers a diverse range of office spaces to suit various business needs. The building, a two-story structure with elevator access, presents a total of five available suites, ranging in size from 1,496 square feet to 3,751 square feet. The property is classified as a traditional office building, but also caters to executive office and coworking arrangements, providing flexibility for tenants seeking different workspace configurations. The multiple tenancy structure allows for a variety of lease options, making it an ideal location for businesses of all sizes. Its prime location in Fredericksburg, Virginia offers excellent accessibility and visibility, making it an attractive option for companies looking to establish or expand their presence in the area. The building's modern amenities and versatile space options make it a highly desirable location for businesses seeking a professional and efficient workspace. Interested parties are encouraged to inquire about available suite sizes and lease terms. This is a unique opportunity to secure prime office space in a thriving Virginia community. The property's convenient location and adaptable spaces make it a compelling choice for businesses seeking a strategic advantage in the Fredericksburg market. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $23,214,754

  6.5%

  $21,429,004

  7%

  $19,898,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,378,616

  Geo Method

  $18,378,616

• Alternative Use

  Use

  Valuation

  Residential

  $26,571,964

  Hospitality

  $24,339,776

  Educational

  $20,250,408

  Medical

  $20,946,852

  Retail

  $31,500,636

Location Insight

City

Fredericksburg

County

Stafford

State

Virginia

Latitude

38.3376

Longitude

-77.4979

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

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