Jim Morris Rd Fredericksburg, VA 22408
- Commercial real estate
- 6.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Jim Morris Rd
- Lot size
- 6.60 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.6-acre parcel presents a unique investment opportunity in Spotsylvania County, Virginia. Situated on Jim Morris Road, the property boasts 180 feet of frontage, offering excellent visibility and accessibility. Just minutes south of Fredericksburg and conveniently located off Route 17, a major north-south thoroughfare, this location provides easy access to a substantial population base. Currently zoned R2 for residential uses, the land is strategically positioned within a designated "primary development boundary" (PDB), indicating future potential for high-density mixed-use development. The site features a cleared, flat area ready for immediate development, eliminating costly site preparation. Spotsylvania County actively promotes fiscal sustainability, fosters family-friendly environments, and encourages the creation of mixed-use communities, making it an attractive location for both residential and commercial ventures. The county's comprehensive plan emphasizes a business-friendly approach, prioritizing job creation and economic growth. This property offers significant upside potential for developers seeking to capitalize on the area's growth trajectory and the county's pro-business environment. The asking price is $249,000.
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
- -77.4253
- Latitude
- 38.2236
