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Property profile & analytics

5457 Plank Rd Fredericksburg, VA 22407

  • Commercial land
  • 0.57 lot acres
Value Estimation
Last Sale
May 11, 2023
$326,000
Location Intelligence
Property ID
US87-3027309
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 5457 Plank Rd

Lot size
0.57 lot acres
Property type
Commercial land
APN
22-A-171C
APU
22A171C

Description

This exceptional 0.57-acre commercial land parcel presents a unique investment opportunity in the thriving Fredericksburg, Virginia market. Located at 5457 Plank Road, this property is zoned C-3, offering a wide range of development possibilities for astute investors. The single-tenant zoning allows for focused development, minimizing complexities and maximizing potential returns. Situated in the desirable Fredericksburg submarket of Spotsylvania County, this location benefits from excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The 0.57-acre lot provides ample space for construction, ensuring flexibility in design and functionality. With its strategic location and favorable zoning, this property is poised for significant growth and presents a compelling investment prospect for those seeking a prime location in a dynamic market. The property's address is 5457 Plank Road, Fredericksburg, VA 22407. This is a ground lease opportunity, offering a unique pathway to ownership and development. The property's convenient location within the Fredericksburg submarket ensures easy access to major transportation routes and a robust consumer base. This presents a rare chance to acquire a highly desirable commercial land parcel in a rapidly expanding area. Don't miss this chance to secure a piece of Fredericksburg's vibrant commercial landscape.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Fredericksburg
County
Spotsylvania
State
Virginia
Longitude
-77.5605
Latitude
38.2918
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,970
$384,900
$0.00
$384,900
-
$384,900
$0.00
$384,900
More about this property
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