Fredericksburg, VA 22407,4820 SOUTHPOINT DR

$2,500,000

$2,640,000

5.3%
Est.Price: ?

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Est. payment /mo

15,046 SqFt


SOLD DATE : 08/31/2022

Key Details

Sold Price $2,500,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 15,046 sqft

Price per Sqft $166

Subdivision Southpoint

MLS Listing ID VASP2009966

Sold Date 08/31/22

Originating Board BRIGHT

Year Built 2005

Annual Tax Amount $8,641

Tax Year 2022

Lot Size 0.838 Acres

Acres 0.84

Property Description

Thompson Office Park is located in a well established office/business park just off of Route 1 and less than ½ mile from I-95 via exit 126. Located within the Southpoint mixed-use development the property benefits from great nearby tenants including multiple hotels, quick and full service restaurants, Marquee Cinemas, Lowes, Walmart, American Family Fitness, and much more.

Excellent opportunity to own a fully leased office building just off 95 in Fredericksburg, VA. One of Virginia's fastest growing locations, this 15,000+ sf office building is fully leased and located amongst a huge growth of not only new residential but commercial developments as well including the new VA Clinician which will sit on 60 acres and be a four-story, 450,000-square-foot facility, just minutes from Thompson Office Park.

The property is also situated in an area that is undergoing and planned for major growth. Over 8,200 Housing Units have been approved in Southeastern Spotsylvania County. Of those approved, approximately 826 units including Overview Terrace (72 Apts), The Silver Collection (274 Apts), Station Square (added 100 Apts), HHHunt (280 Apts) and the Townhomes at Lakeside (100) were recently completed or near completion. Three massive mixed use projects, Alexander's Crossing (2,607 Units), Heritage Woods (1,604 units), and Jackson Village (2,270 Units), have been approved and plan to break ground on first phases of development within the next 12 months.

100% fully leased
Located in one of Virginia's fastest growing regions
Just minutes off I-95 and new VA Clinic
Current tenancy mix of medical, and office users

Location

State VA

County Spotsylvania

Zoning C3

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Massaponax

School District Spotsylvania County Public Schools

Others

Tax ID 35-7-1-

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Brian Cunningham • Coldwell Banker Elite
Bought with Christine Lambdin • CENTURY 21 New Millennium
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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