0 Briscoe Ln / Fall Hl Ave, Fredericksburg, VA 22401
This exceptional 4.047-acre vacant land parcel presents a remarkable commercial investment opportunity in Fredericksburg, VA. Strategically located on Fall Hill Avenue, it boasts significant frontage (22,000+ ADT) and enjoys unparalleled visibility across from a Wegman's grocery store. Its proximity to the new $35 million, 5,000-seat Fredericksburg Nationals Baseball Stadium (less than half a mile away) and the bustling Central Park power center (nearly 3,000 employees) ensures high traffic and strong consumer presence. The site is also conveniently situated near I-95, Route 1, and Route 3, providing easy access for customers and employees. This prime location is ideal for a variety of commercial uses, including fast food restaurants, car washes, and medical offices. Significant multifamily development is underway in the immediate vicinity, with 128 apartments recently completed and an additional 700+ units under construction, further enhancing the area's growth potential. The asking price for this exceptional property is $4,900,000. One-acre parcels are also available. Don't miss this chance to acquire a highly desirable commercial property in a thriving market.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.