Current Use by Public Records
- Commercial real estate
Property Details for Jim Morris Rd
- Lot size
- 6.60 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.6-acre parcel presents a unique investment opportunity in Spotsylvania County, Virginia. Boasting 180 feet of frontage on Jim Morris Road, this property enjoys convenient access to Route 17, a major north-south thoroughfare, and is situated approximately 10 minutes south of Fredericksburg. Currently zoned R2 for residential uses, the land offers immediate development potential. However, its location within a designated "primary development boundary" (PDB) signifies future potential for high-density mixed-use development. The site features cleared and graded frontage, simplifying the development process. Spotsylvania County is known for its family-friendly atmosphere, commitment to fiscal sustainability, and proactive encouragement of mixed-use communities, making it an attractive location for a variety of projects. The county's comprehensive plan emphasizes job creation and a business-friendly environment, further enhancing the long-term prospects of this property. This makes it an ideal location for developers seeking to capitalize on the area's growth and create a thriving community. The asking price is $295,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Spotsylvania
- State
- Virginia
- Longitude
- -77.4253
- Latitude
- 38.2236
