Property profile

0 Shannon Dr Fredericksburg, VA 22408

OFF-MARKET
Land
7.51 ac lot
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Property summary

AI-generated overview

This exceptional 7.51-acre commercial land parcel presents a prime development opportunity in the thriving Shannon Drive Industrial Park of Fredericksburg, Virginia. Zoned I-2, this site is ideally situated for a variety of commercial ventures, benefiting from its strategic location near major transportation arteries. The property enjoys convenient access to I-95, Jefferson Davis Highway (Route 1), Tidewater Trail (Business 17), and CSX rail lines, ensuring seamless logistics and connectivity. Surrounded by established businesses including Universal Dynamics, Carter Lumber, Fiber Technologies, Pepsi-Cola Co, Trussway, M&M Auto Parts, and Print Innovators, as well as numerous retail establishments, this location offers excellent visibility and access to a substantial customer base. The property's proximity to downtown Fredericksburg further enhances its appeal. This versatile site is ready for immediate development, and the owners are open to exploring Build-To-Suit options and/or Ground Leases, providing flexibility for potential investors and developers. The asking price for this exceptional commercial land opportunity is $975,000. Don't miss this chance to acquire a highly desirable property in a rapidly growing area. The property is located at 0 Shannon Drive, Fredericksburg, VA 22408, within Spotsylvania County.

Property profile

Verified
Property type Land
Lot 7.51 ac (327,136 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Shannon Dr Fredericksburg, VA 22408
Fredericksburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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