204 Hopkins Rd Fredericksburg, VA 22405
- Retirement homes
- 8.23 lot acres
Current Use by Public Records
- Retirement homes
Property Details for 204 Hopkins Rd
- Lot size
- 8.23 lot acres
- Property type
- Retirement homes
- Property subtype
- Land
Description
This exceptional 8.23-acre development opportunity in Stafford County, Virginia, presents a prime investment prospect. The property is zoned R-5, allowing for high-density age-restricted development, and already boasts entitlements for 132 residential units, perfect for a vibrant senior living community. Located at 204 Hopkins Rd, Fredericksburg, VA 22405, this land offers convenient access to downtown Fredericksburg, with a scenic walking path across the Chatham bridge providing a direct route (approximately 0.5 miles). The asking price for this exceptional opportunity is $6,600,000. The property's strategic location and existing entitlements minimize development hurdles, presenting a streamlined path to realizing a profitable senior living community. The age 55+ restriction ensures a targeted market, while the high-density zoning maximizes the potential return on investment. This is a rare chance to acquire a fully entitled development site in a desirable location, ready for immediate construction. Don't miss this chance to capitalize on the growing demand for senior living accommodations in the Fredericksburg area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Stafford
- State
- Virginia
- Longitude
- -77.4502
- Latitude
- 38.304
