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    11920 Kennedy Ln Fredericksburg, VA 22407

    Sponsored
    For Sale
    $1,265,000

    Prime 1.5-acre vacant lot in Fredericksburg, VA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.5-acre vacant land parcel presents a unique investment opportunity in the desirable Fredericksburg, Virginia area. Located at 11920 Kennedy Lane, zip code 22407, this property offers significant potential for development. The lot is situated within Fredericksburg City, providing convenient access to local amenities, transportation routes, and a thriving community. With its generous 1.5 acres of land, this site is ideal for a variety of uses, subject to local zoning regulations. The address is precisely 11920 Kennedy Lane, Fredericksburg, VA 22407, with GPS coordinates of 38.285865 latitude and -77.537508 longitude. The asking price for this remarkable property is $1,265,000. While the property is listed as being in Spotsylvania County in the marketing materials, the provided location data indicates it is within Fredericksburg City. Prospective buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses. This is a rare opportunity to acquire a substantial piece of land in a highly sought-after location. Don't miss out on this chance to build your dream project or secure a valuable investment. Serious inquiries only.

    Property Features for 11920 Kennedy Ln

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • $1,265,000 asking price.
    • 1.5‑acre vacant land parcel.
    • Located at 11920 Kennedy Lane, Fredericksburg, VA 22407.
    • Situated in Fredericksburg City, Virginia.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Fredericksburg City
    State
    Virginia
    Longitude
    -77.537508
    Latitude
    38.285865

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    FAQs

    What type of property is this?
    Land - Prime 1.5-acre vacant lot in Fredericksburg, VA.
    Where is this land located?
    The property is located at 11920 Kennedy Ln Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $1,265,000.
    What are key features of this property?
    This property features: $1,265,000 asking price.; 1.5-acre vacant land parcel.; Located at 11920 Kennedy Lane, Fredericksburg, VA 22407.
    (540) 786-1402
    Request Owner's contact information
    11920 Kennedy 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
    11920 Kennedy Ln Fredericksburg, VA 22407
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