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Property profile

6400 Patriot Hwy Spotsylvania Courthouse, VA 22551

OFF-MARKET
Land
1.84 ac lot
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Property summary

AI-generated overview

This exceptional 1.84-acre commercial lot is ideally situated in Spotsylvania County, Virginia, at the highly visible intersection of Route 1 (Patriot Highway) and Morris Road. Boasting a C3 zoning designation, this property offers unparalleled access and visibility, with a combined daily traffic count of 25,000 vehicles. Its location less than a mile from I-95 (Exit 118) and in close proximity to the new Kalahari Water Park Resort and Dominion Raceway ensures high traffic volume and significant exposure. The recent $5.9 million upgrade to the Route 1 and Morris Road intersection further enhances its appeal. This corner parcel presents a unique opportunity for development, benefiting from its strategic location near major transportation arteries and popular attractions. The lot's size and zoning make it suitable for a variety of commercial uses. The APN is 63-A-25. The land value is $16.06 per square foot. This property is offered for sale or ground lease.

Property profile

Verified
Property type Land
Lot 1.84 ac (80,150 SF)

Cap rate & NOI

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

Location

6400 Patriot Hwy Spotsylvania Courthouse, VA 22551
Spotsylvania Courthouse 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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