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    11011 Leavells Rd Fredericksburg, VA 22407

    For Sale
    $899,000

    1.86 Acres, C1/C2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.86-acre commercial vacant land parcel, located at 11011 Leavells Road in Fredericksburg, Virginia (zip code 22407), presents a rare opportunity for development. Zoned C1 or C2, this property boasts a prime location on a main corridor between Plank Road and Courthouse Road, ensuring high visibility and traffic flow seven days a week. Its convenient proximity to shopping centers, schools, and restaurants further enhances its appeal. The site is characterized by a gentle slope from the road, leveling out to provide a usable buildable area. An approved site plan for C1-C2 use is available for review. This property is ideal for a variety of commercial ventures, including retail establishments, automotive businesses, or office spaces. The seller is offering a flexible approach, including the possibility of owner financing and lease options. A study period may be accommodated to facilitate due diligence. The APN is 23-15-A. Don't miss this chance to acquire one of the few remaining commercial properties on Leavells Road. This high-traffic location offers significant potential for growth and return on investment. Serious inquiries only.

    Property Features for 11011 Leavells Rd

    General Information

    Property type
    Land
    Lot Size
    81,022 SF

    HighLights

    • 1.86‑acre vacant commercial land parcel in Fredericksburg, VA (22407) at 11011 Leavells Road.
    • C1/C2 zoning on a high‑traffic main corridor between Plank Road and Courthouse Road, offering excellent visibility.
    • Convenient location near shopping, schools, and restaurants.
    • Gentle slope with a usable buildable area; approved site plan available.
    • Suitable for retail, automotive, or office uses; owner financing and lease options considered.
    • APN: 23‑15‑A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Musterfield farms fresh ... Produce Market

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Fredericksburg City
    State
    Virginia
    Longitude
    -77.5396733
    Latitude
    38.2599833

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    FAQs

    What type of property is this?
    Land - 1.86 Acres, C1/C2 Zoning, High Traffic
    Where is this land located?
    The property is located at 11011 Leavells Rd Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 1.86-acre vacant commercial land parcel in Fredericksburg, VA (22407) at 11011 Leavells Road.; C1/C2 zoning on a high-traffic main corridor between Plank Road and Courthouse Road, offering excellent visibility.; Convenient location near shopping, schools, and restaurants.
    Request Owner's contact information
    11011 Leavells 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
    11011 Leavells Rd Fredericksburg, VA 22407
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