Property summary
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.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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