Development Opportunity on Route
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Commonwealth Drive & Patriot Highway, Fredericksburg, VA 22407
Commercial land with frontage on Route 1 near Cosner’s Corner.
Property SizeContact for details
Days on Market847
Property Features for Commonwealth Drive & Patriot Highway
General Information
Standard status
Active
Property subtype
Land
Zoning
C-3 Commercial
Listing Agency:
Cushman & Wakefield Thalhimer - Fredericksburg, Virginia
Listed By:
Virgil Nelson · License #VA 0225029080
(540) 373-0600
Source:
Crexi
Added: May 10, 2024
Changed: Aug 21
Last Checked: Sep 1 at 11:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield Thalhimer - Fredericksburg, Virginia
Investment Insights
Based on property information with market context.
This commercial land offers a development opportunity with frontage on Route 1/Patriot Highway. The location is near Cosner’s Corner, with national retailers including Publix, Target, Starbucks, Kohls, and Marshall’s. It is situated across from the new VDOT Park & Ride commuter lot, which features 683 spaces, a 10-foot-wide shared use path along Route 1, and a sidewalk along Commonwealth Drive. The property is located approximately 1 1/2 miles from I-95 via exit 126 and is available immediately.
Key Highlights
- Prime development opportunity with frontage on Route 1/Patriot Highway.
- Conveniently located near Cosner’s Corner with national retailers like Publix, Target, and Starbucks.
- Across from a new VDOT Park & Ride commuter lot with 683 spaces.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 22407, VA
62,668
Population
23,305
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
1,027
Density / Sq Mi
$105,218
Median Household Income
$47,282
Median Earnings
$1,758
Median Rent
$376,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with frontage on Route 1 near Cosner’s Corner.
Where is this commercial land located?
The property is located at Commonwealth Drive & Patriot Highway Fredericksburg, VA.
What is the asking price?
The asking price for this property is $6,862,908.
What are key features of this property?
This property features: Prime development opportunity with frontage on Route 1/Patriot Highway.; Conveniently located near Cosner’s Corner with national retailers like Publix, Target, and Starbucks.; Across from a new VDOT Park & Ride commuter lot with 683 spaces.
