Fall Hill Ave Fredericksburg, VA 22401
- Land
- 4.05 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fall Hill Ave
- Lot size
- 4.05 lot acres
- Property type
- Land
Description
This exceptional 4.046-acre commercial land parcel in Fredericksburg, VA, presents a remarkable investment opportunity. Located on Fall Hill Avenue, it boasts significant frontage on a road with over 22,000 average daily traffic counts. Its strategic position directly across from a Wegmans grocery store ensures high visibility and accessibility. The property is conveniently situated just half a mile from the new $35 million, 5,000-seat Fredericksburg Baseball Stadium, further enhancing its appeal. The area is experiencing substantial growth, with a recently completed 128-unit apartment complex and an additional 700+ units under construction. This development is complemented by the proximity of Central Park, a 2.5 million-square-foot power center employing nearly 3,000 people. The property's CH zoning permits a variety of commercial uses, making it ideal for developments such as car washes or fast-food restaurants. Easy access to I-95, Route 1, and Route 3 provides excellent connectivity. The asking price is $4,900,000, and the APN is 7769-77-5997. This prime location and significant development potential make this a truly exceptional investment.
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
- Fredericksburg
- State
- Virginia
- Longitude
- -77.508
- Latitude
- 38.3119
