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    Meekins Dr Fredericksburg, VA 22407

    Sponsored
    For Sale
    $575,000

    2.81 Acres, C-1/C-2/O-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.81-acre commercial land parcel presents a unique investment opportunity in the thriving Fredericksburg, Virginia area. Located in Spotsylvania County, this property boasts a highly desirable C-1, C-2, and O-1 zoning classification, offering considerable flexibility for a wide range of commercial developments. Its strategic location provides easy access to major transportation arteries, including Highway 17, I-95, and Route 3, ensuring excellent visibility and convenient access for potential businesses and customers. The high traffic volume on Plank Road, less than a mile away (78,000 vehicles per day), further underscores the property's significant commercial potential. Situated within a densely populated suburban area, the land is surrounded by numerous major retailers and shopping centers, creating a vibrant and established commercial environment. The asking price for this exceptional property is $575,000. This presents a compelling opportunity to capitalize on the strong growth and development within Fredericksburg and Spotsylvania County. The address is 0 Meekins Drive, Fredericksburg, VA 22407. Don't miss this chance to acquire a prime piece of commercial real estate in a highly sought-after location.

    Property Features for 0 Meekins Dr

    General Information

    Property type
    Land
    Lot Size
    122,404 SF

    HighLights

    • Excellent Spotsylvania County location.
    • High‑traffic suburban area with abundant retail amenities.
    • Convenient access to major roadways: Hwy 17, I‑95, and Route 3.
    • High visibility; less than one mile from Plank Road, boasting 378,000 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.52272647
    Latitude
    38.29739186

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    FAQs

    What type of property is this?
    Land - 2.81 Acres, C-1/C-2/O-1 Zoning
    Where is this land located?
    The property is located at Meekins Dr Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Excellent Spotsylvania County location.; High-traffic suburban area with abundant retail amenities.; Convenient access to major roadways: Hwy 17, I-95, and Route 3.
    (804) 864-9788
    Request Owner's contact information
    Meekins Dr 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
    Meekins Dr Fredericksburg, VA 22407
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