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    481 Chatham Heights Rd Fredericksburg, VA 22405

    For Sale
    $300,000

    Commercial land with utilities and road access on Butler Road.

    Lot size:
    0.68 Acres

    Property Features for 481 Chatham Heights Rd

    General Information

    Lot size
    0.68 Acres

    Source: Cushman & Wakefield | Thalhimer - Fredericksburg Agent Virgil Nelson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land on Butler Road Frontage

    This commercial land fronts Butler Road at a signalized intersection, near a CVS and Wawa. The location has 17,000 vehicles per day. Full utilities are available, and the property has road access.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.4521791
    Latitude
    38.3156501

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    FAQs

    What type of property is this?
    Land - Commercial land with utilities and road access on Butler Road.
    Where is this land located?
    The property is located at 481 Chatham Heights Rd Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Fronts Butler Road at a **signalized intersection.**; - **High traffic volume (17,000 VPD).**; - Proximity to CVS and Wawa.
    (540) 846-1390
    Request Owner's contact information
    481 Chatham Heights Rd Fredericksburg, VA 22405
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    Fredericksburg, VA 22405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    481 Chatham Heights Rd Fredericksburg, VA 22405
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