Commonwealth Dr & Patriot Hwy Fredericksburg, VA 22407

Property Details for 0 Commonwealth Dr & Patriot Hwy

Lot size

7.80 lot acres

Property type

Land

Description

This exceptional 7.8-acre commercial land parcel presents a remarkable development opportunity in Fredericksburg, Virginia. Located at the intersection of Commonwealth Drive and Patriot Highway (Route 1), this C-3 zoned property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility. The site benefits from its strategic position near Cosner's Corner, a thriving retail hub anchored by national brands such as Publix, Target, Starbucks, Kohl's, and Marshall's, guaranteeing a robust customer base. Further enhancing its appeal is its proximity to a new VDOT Park & Ride lot with 683 spaces, a 10-foot-wide shared-use path along Route 1, and a sidewalk along Commonwealth Drive, promoting pedestrian and commuter traffic. Convenient access to Interstate 95 via exit 126 (only 1.5 miles away) provides seamless connectivity to regional transportation networks. The property is identified by APN 35-A-89 and is offered at an asking price of $7,800,000. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area, ready for immediate development. The property is available immediately.