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    6532 Wrights Ln Fredericksburg, VA 22407

    For Sale
    $1,995,000

    5.79 Acres, C-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.79-acre commercial land parcel presents a remarkable investment opportunity in the thriving Fredericksburg, Virginia market. Located at 6532 Wrights Lane, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. Its strategic location along Route 3/Plank Road ensures unparalleled visibility, benefiting from a substantial daily traffic volume of 56,000 vehicles. Convenient access is provided from both Gordon Road and Plank Road, enhancing accessibility and logistical efficiency. Essential utilities, including water and sewer, are readily available, simplifying the development process. The property's placement within a densely populated residential area guarantees a robust customer base, while its proximity to established commercial anchors further strengthens its appeal. Nearby amenities include popular restaurants, retail establishments such as Lidl and Royal Farms, and the expansive 70-acre Harrison Crossing retail center, creating a vibrant and dynamic commercial environment. This prime location, coupled with its generous acreage and favorable zoning, makes this property an exceptional investment opportunity for discerning developers and entrepreneurs seeking a high-impact commercial venture in a rapidly growing market. The asking price for this exceptional property is $1,995,000. The property is situated in Spotsylvania County, Virginia, with a zip code of 22407.

    Property Features for 6532 Wrights Ln

    General Information

    Property type
    Land

    HighLights

    • 5.79‑acre parcel with excellent visibility on Rt. 3/Plank Road (56,000 VPD).
    • C‑2 zoning.
    • Dual access from Gordon Road and Plank Road.
    • Water and sewer utilities available on‑site.
    • High‑traffic location in a densely populated residential area.
    • Proximity to numerous amenities including Lidl, Royal Farms, and the 70‑acre Harrison Crossing retail center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    God's Domain Place Of Worship

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -77.5592775
    Latitude
    38.2897846

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    FAQs

    What type of property is this?
    Land - 5.79 Acres, C-2 Zoning, High Visibility
    Where is this land located?
    The property is located at 6532 Wrights Ln Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 5.79-acre parcel with excellent visibility on Rt. 3/Plank Road (56,000 VPD).; C-2 zoning.; Dual access from Gordon Road and Plank Road.
    (540) 322-4150
    Request Owner's contact information
    6532 Wrights Ln 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
    6532 Wrights Ln Fredericksburg, VA 22407
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