Development Opportunity on Route
For Sale
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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 Market903
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) 846-1390
Source:
Crexi
Added: May 10, 2024
Changed: Oct 25
Last Checked: Oct 28 at 8:21AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
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.
