0 Meekins Dr Fredericksburg, VA 22407
This exceptional 2.81-acre commercial land parcel presents a unique investment opportunity in the thriving Fredericksburg, Virginia area. Located in Spotsylvania County, this property boasts a highly desirable C-1, C-2, and O-1 zoning classification, offering considerable flexibility for a wide range of commercial developments. Its strategic location provides easy access to major transportation arteries, including Highway 17, I-95, and Route 3, ensuring excellent visibility and convenient access for potential businesses and customers. The high traffic volume on Plank Road, less than a mile away (78,000 vehicles per day), further underscores the property's significant commercial potential. Situated within a densely populated suburban area, the land is surrounded by numerous major retailers and shopping centers, creating a vibrant and established commercial environment. The asking price for this exceptional property is $575,000. This presents a compelling opportunity to capitalize on the strong growth and development within Fredericksburg and Spotsylvania County. The address is 0 Meekins Drive, Fredericksburg, VA 22407. Don't miss this chance to acquire a prime piece of commercial real estate in a highly sought-after location.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.