Property

Fredericksburg, VA 22407 4300 Plank Road

4300 Plank Road Fredericksburg, VA - Image 14300 Plank Road Fredericksburg, VA - Image 24300 Plank Road Fredericksburg, VA - Image 3
Presented By: Coldwell Banker Elite
  • MLS# VASP2026730
  • 07/26/2024
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Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
  • SQFT • 20,000

Home Details

Phenomenal Investment opportunity with this 100% leased NNN sale on one of the busiest retail corridors! The Property, Salem Village, is located less than 2 miles west of I-95 on Plank Road/Route 3, the most prominent retail and business corridor in the Fredericksburg Region. The property benefits from direct frontage and easy accessibility with over 70,000 vehicles traveling in front of the property daily. The property not only benefits from its highly visible location along Route 3, but its proximity to other economic drivers including: (1) a 702 Space commuter lot, (2) Chancellor Center-a shopping center anchored by Planet Fitness, Aldi and Tractor Supply and (3) the densely populated housing communities surrounding the area (50,000+ residents within 3 miles). Other highlights include 20,000 SF building that is 100% Leased in a Densely populated area with over 50,000 within 3 miles and 100,000 residents within 5 miles. Situated on a 1.89 AC lot with abundant parking (110 space for a 5.5: 1 parking ratio. Please see Offering Memorandum in Documents.
Presented By: Coldwell Banker Elite

Interior Features for 4300 Plank Road

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 4300 Plank Road

AccessibilityNone
Business TypeBig Box Retail, Hair Salon and Spa, Health Club, Medical, Other/General Retail, Restaurant/Bar
Cap Rate6.75
CityFREDERICKSBURG
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountySPOTSYLVANIA
DirectionsFrom I-95 Take Exit 130B and Head west on VA-3 W/Plank Rd for 4 Miles. Property is located on left hand side fronting Rt 3
HeatingHeat Pump(s)
Legal SubdivisionSILVER PROPERTY
Lot Size Square Feet87556.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-01-17T02:34:59
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG370.0
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Septic, Public Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSILVER PROPERTY
Tax Annual Amount25653.0
Tax Assessed Value3493500.0
Tax Year2024
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1990
Year Built SourceAssessor
ZoningC2

Exterior for 4300 Plank Road

Building Area Total20000.00
Car Parking Spaces110
Land Assessed Value1400900.00
Lot Size Acres2.01
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces110
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Jhony Leyva

Realtor
Price $7,400,000
MLS#VASP2026730
List Date 07/26/2024
Property Type Commercial
Phone 571.247.7543
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Email

homes@jhonyleyva.com

Phone

571.247.7543

Office

1440 Central Park Blvd Suite 210, Fredericksburg, VA 22401

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