2092 Richmond Hwy Stafford, VA 22554
This exceptional commercial property, located at 2092 Richmond Highway in Stafford, Virginia, presents a unique investment opportunity in the heart of Stafford's redevelopment zone. Boasting a prominent location with extensive frontage on US-1, this 1.63-acre lot offers unparalleled visibility and accessibility. The property includes two existing buildings totaling approximately 9,000 square feet, providing immediate potential for various commercial uses. Its B-2 zoning designation allows for a wide range of commercial activities. The property's strategic location offers easy walking distance to the Stafford Government Center, ensuring high traffic and convenient access to essential services. Further enhancing its appeal, the property's US-1 frontage is subject to a highway taking associated with the widening of US Highway 1. This presents a significant opportunity for future development and potential value appreciation. The asking price for this exceptional property is $2,368,000. Interested parties are encouraged to inquire for further details regarding the highway taking and to explore the extensive development possibilities this prime location offers. This is a rare chance to acquire a substantial commercial property in a rapidly growing area with significant future potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.