1154 Carl D Silver Pkwy Fredericksburg, VA 22401
For Sale
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This exceptional commercial development opportunity is located within Fredericksburg's premier Central Park Shopping Center, boasting a 0.45-acre lot and a total of 6,807 square feet of approved space for a three-story building. The site plan includes 2,169 square feet of ground-floor retail space, complemented by two upper floors, each offering 2,319 square feet of office space. This versatile layout caters to a diverse range of business needs, combining retail and office functionalities. The property enjoys a highly visible location near high-traffic retailers, including prominent anchors like Wawa and Target. Adding to its appeal, the site backs onto a scenic lake, offering a tranquil and distinguished setting. Central Park Shopping Center attracts millions of visitors annually, creating a vibrant and dynamic retail environment. Its strategic location near I-95 ensures excellent accessibility and visibility, drawing customers from Northern Virginia, Richmond, and beyond. The established tenant mix within the shopping center provides a strong foundation for success, catering to a broad demographic. This presents a unique chance for developers and investors to establish a presence in a thriving retail hub. The combination of high traffic, prime location, and versatile space makes this a truly exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PDC · Fredericksburg, VAFredericksburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.