You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 Commonwealth Dr & Patriot Hwy Fredericksburg, VA 22407

7.8 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.8 ac (339,768 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Commonwealth Dr & Patriot Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message