1.4acs Banks Ford Pkwy Fredericksburg, VA 22406
- Land
- 1.40 lot acres
Current Use by Public Records
- Land
Property Details for 1.4acs Banks Ford Pkwy
- Lot size
- 1.40 lot acres
- Property type
- Land
Description
This exceptional 1.402-acre commercial lot presents a prime development opportunity in the thriving Celebrate Virginia-North area of Fredericksburg, Virginia. Located at Banks Ford Parkway, this corner parcel boasts unparalleled visibility and accessibility, making it ideal for a variety of retail and office uses. The property is zoned B2, allowing for a wide range of development possibilities. Its strategic location offers significant advantages, including proximity to major employers such as the Geico headquarters, employing over 2,000 people. This ensures a substantial and readily available customer base. Furthermore, the property benefits from excellent co-tenancy with established businesses like Lowe's Home Improvement and Giant Food, creating a synergistic and attractive retail environment. The asking price for this highly desirable property is $595,000. The address is Banks Ford Parkway in Fredericksburg, Virginia, zip code 22406. This location offers easy access to major transportation routes, further enhancing its commercial appeal. This is a rare opportunity to acquire a strategically located, high-visibility commercial lot in a rapidly growing area with strong existing infrastructure and a robust consumer base. Don't miss this chance to secure a prime piece of Fredericksburg real estate.
Value Estimations
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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 City
- State
- Virginia
- Longitude
- -77.5225
- Latitude
- 38.3599