251 UniversityFredericksburg, VA 22406

  • Day care centers & nurseries
  • 7,131 SF
Off market
$25,452,720 Estimated

Property Details for 251 University

Year built
2002
Construction
TYPE NOT SPECIFIED
Lot size
2.54 AC
Property size (Sq ft)
7,131 SF
Zone code
B2- URBAN COMM
Property type
Day care centers & nurseries
APN
44R-15
APU
44R15

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,500,433
    6.5%
    $1,385,015
    7%
    $1,286,085
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,137,526
    Geo Method
    $1,137,526
  • Alternative Use

    Use
    Valuation
    Residential
    $1,756,950
    Hospitality
    $1,609,356
    Educational
    $1,338,966
    Medical
    $1,385,015
    Retail
    $2,082,836

Location Insight

City
Fredericksburg
County
Stafford
State
Virginia
Latitude
38.3659
Longitude
-77.5293
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
$21,431
$1,106,600
$1,426,800
$2,533,400
-
$1,106,600
$1,426,800
$2,533,400

FAQs

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