Outparcel Cor Fredericksburg, VA 22407
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for Outparcel Cor
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial land parcel, known as Cosner's Corner, presents a unique investment opportunity in the thriving Fredericksburg, Virginia market. Strategically located at the intersection of US Route 1/Patriot Highway and US Route 17/Mills Drive, this property boasts unparalleled visibility and accessibility. The site is conveniently situated less than one mile from the Spotsylvania Regional Medical Center and benefits from a strong daytime population of 42,557 within a 3-mile radius. The property is already prepared for development, featuring a rough-graded pad site with public water and sewer stubbed in, and offsite stormwater management completed. This location offers easy access to major thoroughfares, including US Route 1 and I-95, placing it within a busy regional trade area. The surrounding area is anchored by national retailers such as Target, Ross, Marshalls, PetSmart, Panera Bread, GNC, and Arby's, ensuring high traffic and consumer visibility. Further enhancing the long-term prospects, a new 472,121 square foot Virginia hospital is slated for completion less than two miles away in 2024, promising significant future growth and increased demand. This C-3 zoned lot is priced at $950,000 and represents a compelling opportunity for developers and investors seeking a prime location in a rapidly expanding market. The property's strategic location, infrastructure readiness, and proximity to major amenities make it an ideal site for a variety of commercial developments.
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
- Spotsylvania
- State
- Virginia
- Longitude
- -77.5045
- Latitude
- 38.2257
