8601 Patriot Hwy Fredericksburg, VA 22407
This exceptional 5.33-acre commercial land parcel in Fredericksburg, Virginia, presents a prime development opportunity. Located at 8601 Patriot Highway, this property boasts a highly desirable C-3 Commercial zoning designation, allowing for a diverse range of uses including retail, office, restaurants, hotels, and more. The site benefits from its strategic location in a high-growth area, designated as a Technology Zone, offering potential tax incentives and fast-track development processes. An engineered site plan is already in place, complete with road access, stormwater management, and utilities, ensuring a streamlined development experience. A pre-approved 2.3-acre site plan and architecture for a car lot is also available. The property's proximity to major transportation arteries, including US Route 1 and I-95, ensures excellent visibility and accessibility. Furthermore, its location near significant upcoming developments, such as a large VA outpatient clinic and Amazon's Cosner Tech Campus, promises substantial future growth potential. Owner financing may be considered with a significant down payment and zero interest. The seller will also consider subdivision at the buyer's expense. This is an unparalleled chance to capitalize on the burgeoning commercial market in Spotsylvania County. The APN is 49-A-95.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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