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    10704 Courthouse Rd Fredericksburg, VA 22407

    Sponsored
    For Lease
    Contact for pricing

    3.94 Acres, Vacant, Multiple Tenancy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.94-acre vacant land parcel presents a unique investment opportunity in the desirable Fredericksburg City, Virginia. Situated at 10704 Courthouse Road, this property offers significant potential for various development projects. The expansive lot size provides ample space for a multitude of uses, catering to diverse business needs. Currently zoned for multiple tenancy, this land allows for flexibility in development plans, accommodating a range of commercial ventures. The strategic location within Fredericksburg City ensures convenient access to major transportation routes, enhancing its appeal to potential investors and businesses. The property's vacant status allows for complete design freedom, enabling the creation of a bespoke development tailored to specific requirements. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial endeavors. The absence of existing structures eliminates the need for costly demolition or renovation, streamlining the development process and minimizing upfront expenses. This presents a rare chance to acquire a substantial land parcel in a thriving area, ready for immediate development. The property's potential for high returns makes it an attractive proposition for investors seeking a strong foothold in the Fredericksburg City commercial real estate market. Detailed zoning information and development guidelines are readily available upon request. Don't miss this exceptional opportunity to secure this valuable asset.

    Property Features for 10704 Courthouse Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 3.94‑acre vacant land parcel in Fredericksburg City.
    • Suitable for multiple tenants.
    • One building suite available.
    • Located in Spotsylvania County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elite Tax Pros Tax Preparation Service Raging Waters Car ... Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Fredericksburg City
    State
    Virginia
    Longitude
    -77.5140853
    Latitude
    38.2475639

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    FAQs

    What type of property is this?
    Land - 3.94 Acres, Vacant, Multiple Tenancy
    Where is this land located?
    The property is located at 10704 Courthouse Rd Fredericksburg, VA.
    What are key features of this property?
    This property features: 3.94-acre vacant land parcel in Fredericksburg City.; Suitable for multiple tenants.; One building suite available.
    Request Owner's contact information
    10704 Courthouse Rd Fredericksburg, VA 22407
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    Fredericksburg, VA 22407
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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
    10704 Courthouse Rd Fredericksburg, VA 22407
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