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Property profile & analytics

107 Pegram Ln Fredericksburg, VA 22408

  • Commercial land
  • 0.52 lot acres
For Sale
Last Sale
Aug 20, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1097065
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 107 Pegram Ln

Lot size
0.52 lot acres
Zone code
C3 - COMMERCIAL 3
Property type
Commercial land
APN
23-A-154
APU
23A154

Description

This exceptional 0.52-acre commercial property in Fredericksburg, Virginia, presents a unique investment opportunity. Located at 107 Pegram Lane, this flat, commercially zoned (C-3) lot boasts a highly desirable location in Spotsylvania County, offering convenient access to Route 208 and Route 1. The property's C-3 zoning allows for a wide range of commercial uses, providing significant flexibility for potential developers and investors. A comprehensive list of permitted uses includes, but is not limited to: art studios, assisted living facilities, building material yards, business service and supply establishments, car washes, childcare centers, community centers, eating establishments, financial institutions, heavy equipment sales and service centers, indoor recreation facilities, medical care facilities, micro-breweries/wineries/cider distilleries, mini-warehousing facilities, offices, nursing homes, private and public schools, repair service establishments, theaters, vehicle light service establishments, and wholesale trade establishments. Many special use permits are also possible. The property's prime location within a growing area ensures strong potential for future appreciation. The seller is open to considering owner financing, making this an even more attractive proposition for qualified buyers. This is a rare opportunity to acquire a versatile commercial lot in a thriving market. Act quickly to secure this exceptional investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fredericksburg
County
Spotsylvania
State
Virginia
Longitude
-77.5034
Latitude
38.2544
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
$1,480
$191,800
$0.00
$191,800
-
$191,800
$0.00
$191,800
More about this property
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