3430 Fall Hill Ave Fredericksburg, VA 22401

Property Details for 3430 Fall Hill Ave

Lot size

34.20 lot acres

Property type

Commercial real estate

Description

This exceptional 34.2-acre commercial vacant land parcel in Fredericksburg, Virginia, presents a remarkable development opportunity. Currently zoned R2, it offers significant potential for up-zoning to accommodate mixed-use projects, including multi-family residential and various commercial uses. The property boasts unparalleled visibility and accessibility, with frontage on Fall Hill Avenue, Cowan Boulevard, and I-95, ensuring convenient access for future tenants and residents. Its strategic location directly adjacent to Central Park, one of the largest power centers on the East Coast, provides immediate proximity to significant retail and entertainment options. Across Fall Hill Avenue lies Celebrate Virginia South, home to Wegmans, an expo center, and the new Washington Nationals minor league baseball stadium. Furthermore, the property is less than one mile from the planned site of a major Veterans Affairs outpatient clinic and within two miles of the region's largest hospital. With substantial residential development underway within a one-mile radius (1,929 units), this site is poised to benefit from a rapidly growing population. The property is not subject to the restrictions found in Central Park and Celebrate Virginia, offering developers maximum flexibility. Lighted access from Fall Hill Avenue further enhances its appeal. This is one of the largest undeveloped parcels in Fredericksburg, making it an exceptional investment for discerning developers seeking a high-impact project in a thriving market. The property's zip code is 22401.

Location Insight

City

Fredericksburg

County

Fredericksburg City

State

Virginia

Longitude

-77.507229

Latitude

38.3084342