401 Wyne Dr Fredericksburg, VA 22405
- Land
- 1.90 lot acres
Current Use by Public Records
- Land
Property Details for 401 Wyne Dr
- Lot size
- 1.90 lot acres
- Property type
- Land
Description
This exceptional 10.15-acre commercial land parcel in Stafford County, Virginia, presents a unique investment opportunity. Located at the intersection of Warrenton Road (US-17) and Melchers Drive in the Falmouth Gateway Targeted Development Area, this property boasts unparalleled visibility and accessibility. Its strategic location offers convenient access to Interstate 95, commuter rail, and other major thoroughfares, ensuring high traffic volume (32,000 vehicles daily on US-17). The property is zoned for commercial use and is serviced by public utilities, including water and sewer. Original plans envisioned a retail/office complex, but the site's versatility allows for a wide range of development options, including hotels, research and technology campuses, government contractor facilities, medical campuses, and healthcare or security businesses. The site's proximity to major government and military installations, coupled with Stafford County's business-friendly environment and incentives, makes it highly attractive. Excellent logistics are further enhanced by proximity to international airports, freight rails, and deep-water shipping ports. The property includes APNs 31478, 31482, and 31756. The asking price is $1,700,000, and short-term owner financing is considered. This site benefits from its location near the world's largest dark fiber line and enjoys some of the lowest electric rates on the East Coast. The property's prime I-95 access provides access to 60% of the US workforce within a day's drive. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Stafford
- State
- Virginia
- Longitude
- -77.4753
- Latitude
- 38.3296