1195 Richmond Hwy Fredericksburg, VA 22405
This exceptional 2-acre commercial and industrial land parcel presents a compelling investment opportunity in Fredericksburg, Virginia. Located at 1195 Richmond Hwy, this property boasts 250 feet of frontage on Route 1 (Richmond Highway), a major thoroughfare experiencing nearly 21,000 vehicles per day. The current B-2 zoning permits a wide range of uses, including retail, office, medical facilities, veterinary clinics, daycare centers, and quick-service restaurants. The property's designation as a Targeted Development Area for Business and Industry further enhances its potential, opening avenues for future rezoning to accommodate industrial uses. Situated in a rapidly growing area along the I-95 corridor, this strategically located site offers unparalleled accessibility, being just over a mile from Exit 136. The property's APN is 38-16E, and it's offered at $625,000. This prime location and flexible zoning make this a truly remarkable opportunity for developers and investors seeking high-visibility commercial or industrial development in a thriving market. The Stafford County location and proximity to major transportation arteries ensure strong potential for return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.