107 Pegram Ln Fredericksburg, VA 22408
- Commercial land
- 0.52 lot acres
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
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CAP approach
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Comparable approach
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Alternative Use
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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