40 Town And Country DrFredericksburg, VA 22405

  • Retail space
  • 6,600 SF
For Lease
$9/SF/YR View listing

Property Details for 40 Town And Country Dr

Year built
2002
Construction
TYPE NOT SPECIFIED
Property size (Sq ft)
6,600 SF
Zone code
B2- URBAN COMM
Property type
Retail space
APN
54-114S
APU
54114S

Description

This exceptional single-tenant commercial property, located at 40 Town and Country Dr, Fredericksburg, VA 22405, offers 2,160 square feet of versatile space ideal for a variety of businesses. The property is classified as both retail and office, making it suitable for companies needing both storefront presence and back-office functionality. The layout is designed to accommodate an office area with a separate warehouse or shop space in the rear, providing ample room for operations and storage. This presents a unique opportunity for businesses requiring a blend of retail and office functionality within a single, conveniently located unit. The property is situated in Fredericksburg, Virginia, offering easy access to major transportation routes and a thriving local economy. The address is 40 Town and Country Dr, with GPS coordinates of 38.3092484 latitude and -77.42921933 longitude. The building's total square footage is 2,160 square feet. This is a single-tenant occupancy property, providing privacy and control over the entire space. The property type is listed as retail and office, with a subtype of traditional office. This presents a rare opportunity to secure a well-located, versatile commercial space in a desirable area. Serious inquiries are encouraged to explore this promising investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,046,704
    6.5%
    $1,889,265
    7%
    $1,754,318
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,777,710
    Geo Method
    $2,777,710
  • Alternative Use

    Use
    Valuation
    Residential
    $1,593,666
    Hospitality
    $1,459,789
    Educational
    $1,214,528
    Medical
    $1,256,297
    Retail
    $1,889,265

Location Insight

City
Fredericksburg
County
Stafford
State
Virginia
Latitude
38.3092
Longitude
-77.4293
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
$3,504
$165,700
$259,300
$425,000
-
$165,700
$259,300
$425,000

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