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    5457 Plank Rd Fredericksburg, VA 22407

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    For Lease
    Contact for pricing

    Prime 0.57-acre C-3 zoned lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.57-acre commercial land parcel presents a unique investment opportunity in the thriving Fredericksburg, Virginia market. Located at 5457 Plank Road, this property is zoned C-3, offering a wide range of development possibilities for astute investors. The single-tenant zoning allows for focused development, minimizing complexities and maximizing potential returns. Situated in the desirable Fredericksburg submarket of Spotsylvania County, this location benefits from excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The 0.57-acre lot provides ample space for construction, ensuring flexibility in design and functionality. With its strategic location and favorable zoning, this property is poised for significant growth and presents a compelling investment prospect for those seeking a prime location in a dynamic market. The property's address is 5457 Plank Road, Fredericksburg, VA 22407. This is a ground lease opportunity, offering a unique pathway to ownership and development. The property's convenient location within the Fredericksburg submarket ensures easy access to major transportation routes and a robust consumer base. This presents a rare chance to acquire a highly desirable commercial land parcel in a rapidly expanding area. Don't miss this chance to secure a piece of Fredericksburg's vibrant commercial landscape.

    Property Features for 5457 Plank Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    5457 Plank Road
    Size
    0 SF

    HighLights

    • 0.57‑acre pad site opportunity on Rt 3/Plank Road (55,000+ vehicles per day).
    • Adjacent to a Lidl‑anchored shopping center.
    • Prominent retail corridor with strong national co‑tenancy.
    • C‑3 zoning allows for versatile commercial development.
    • Located in a high‑growth area with a strong consumer base in Spotsylvania County, VA.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.56055
    Latitude
    38.291845

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    FAQs

    What type of property is this?
    Land - Prime 0.57-acre C-3 zoned lot.
    Where is this land located?
    The property is located at 5457 Plank Rd Fredericksburg, VA.
    What are key features of this property?
    This property features: 0.57-acre pad site opportunity on Rt 3/Plank Road (55,000+ vehicles per day).; Adjacent to a Lidl-anchored shopping center.; Prominent retail corridor with strong national co-tenancy.
    Request Owner's contact information
    5457 Plank 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
    5457 Plank Rd Fredericksburg, VA 22407
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