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2062 Plank Road
Fredericksburg, VA 22401
Asking Price
$2.68M
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | Development Site or STNL Investment <p><span style="color: rgba(0, 0, 0, 1)">Fully leased retail investment opportunity at 2062 Plank Road, Fredericksburg, VA. This 1,728 SF freestanding building on 0.52 acres is zoned CH and positioned along one of Fredericksburg’s primary commercial corridors. The property offers exceptional visibility, direct access, and consistent exposure to daily commuters and surrounding neighborhoods. Functional improvements include an efficient interior layout, strong storefront presence, dedicated custom
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NOI
$80,000
Cap Rate
2.99%
DSCR
0.50
Underwater
Cash-on-Cash
-9.84%
Monthly Payment
$13,259.178
Annual Cash Flow
$-79,110.133
