481 Chatham Heights Rd Fredericksburg, VA 22405
This exceptional 0.68-acre residential lot in Stafford County, Virginia, presents a remarkable opportunity for development. Located at 481 Chatham Heights Road, Fredericksburg, VA 22405, this property boasts a highly desirable R1 zoning designation, allowing for a variety of residential construction possibilities. The land is strategically situated on Butler Road, directly facing a signalized intersection with exceptional visibility. High traffic volume is guaranteed, with over 17,000 vehicles passing daily. Nearby established businesses include CVS and Wawa, further enhancing the location's appeal and convenience. The property offers convenient road access directly from Butler Road, and all essential utilities are readily available, simplifying the development process. This prime location, combined with its size and zoning, makes this an ideal site for building a new home or developing a small residential project. The asking price for this exceptional property is $300,000. Don't miss this chance to acquire a highly sought-after residential lot in a thriving area of Fredericksburg.
Cap rate
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Property description
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