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    903 Bragg Rd Fredericksburg, VA 22407

    Sponsored
    For Sale
    $995,000

    Residential Land - Prime Location, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3-acre residential land parcel presents a unique investment opportunity in the thriving Fredericksburg, Virginia market. Strategically located adjacent to the Spotsylvania Towne Center, this property boasts unparalleled accessibility. Enjoy convenient access to Route 3 (Plank Road) and Interstate 95, ensuring seamless connectivity to major transportation arteries. The property features significant frontage: 788 feet along Route 710 and 180 feet along Bragg Road, maximizing development potential. Public water, sewer, and gas services are readily available, simplifying infrastructure needs. Currently zoned residential, the seller is open to considering offers contingent upon rezoning, opening doors to a variety of development possibilities. This prime location, combined with its substantial size and convenient access, makes this 3-acre parcel an ideal investment for discerning buyers seeking a high-growth area with excellent infrastructure and proximity to major retail and transportation hubs. The property is situated at 903 Bragg Rd, Fredericksburg, VA 22407, within Spotsylvania County. This is a rare opportunity to acquire a significant land holding in a rapidly developing area of Fredericksburg. The asking price is $995,000.

    Property Features for 903 Bragg Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • High‑visibility location off Bragg Rd and Route 3.
    • Excellent adjacency to Spotsylvania Towne Center.
    • 788 feet of frontage on Route 710.
    • 180 feet of frontage on Bragg Road.
    • Public water, sewer, and gas utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.518112
    Latitude
    38.290095

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    FAQs

    What type of property is this?
    Land - Residential Land - Prime Location, Development Potential
    Where is this land located?
    The property is located at 903 Bragg Rd Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: High-visibility location off Bragg Rd and Route 3.; Excellent adjacency to Spotsylvania Towne Center.; 788 feet of frontage on Route 710.
    Request Owner's contact information
    903 Bragg 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
    903 Bragg Rd Fredericksburg, VA 22407
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